d’finitive New Zealand | solvency standards and pricing implications

  • This d'finitive looks at the implications of the new solvency standards for insurers operating in New Zealand that were finalised by the Reserve Bank in November 2011.  There were a number of changes from the earlier drafts, including the requirement for the PML to take account of a 1 in 1,000 year return period earthquake event from 2015.  We consider the implications of these changes particularly on house insurance pricing.

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