News Regulations18 Sep 2020

New Zealand:Review of insurance law to look at boundaries of overseas insurers doing business in the country

| 18 Sep 2020

The planned review of the Insurance (Prudential Supervision) Act (IPSA) scheduled to start next month will re-visit the definition of 'carrying on insurance business in New Zealand' by foreign insurers, according to Mr Geoff Bascand, deputy governor and general manager of Financial Stability at the Reserve Bank of Wellington.

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