Notice Type
Authorities/Other Agencies of State
Notice Title

Notice of Revocation of Solvency Standards Under Section 236 of the Insurance (Prudential Supervision) Act 2010

This notice is given under section 236 of the Insurance (Prudential Supervision) Act 2010.

Notice

The following Solvency Standards:

  • Solvency Standard for New Zealand Local Government Insurance Corporation Limited 2014;
  • Solvency Standard for Life Insurance Business, issued 1 August 2011 (incorporating amendments to December 2014);
  • Solvency Standard for Non-life Insurance Business, issued 11 October 2011 (incorporating amendments to December 2014);
  • Solvency Standard for Captive Insurers Transacting Non-Life Insurance Business, issued 28 October 2011 (incorporating amendments to December 2014);
  • Solvency Standard for Non-life Insurance Business in Run-off, issued 4 April 2012 (incorporating amendments to December 2014); and
  • Solvency Standard for Civic Assurance, issued 29 August 2013 (incorporating amendments to December 2014)

are revoked from 28 July 2017.

Dated this 21st day of July 2017.

GRAEME WHEELER, Governor, Reserve Bank of New Zealand.