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#365
October 24 2025

RESERVE BANK SAYS CABINET HAS AGREED TO RECOMMENDATIONS TO PROGRESS AN AMENDMENT BILL TO CHANGE THE INSURANCE (PRUDENTIAL SUPERVISION) ACT

Changes have been proposed to legislation that governs how insurers operate in New Zealand, which could potentially lead to "a proportionate approach to regulation and supervision”.

 

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Page 1 Copy 4 Created with Sketch. RESIDENTIAL CONSTRUCTION COSTS ON THE RISE AFTER A PERIOD OF LOW TO FALLING PRICES, QV COSTBUILDER DATA SHOWS
RESERVE BANK SAYS CABINET HAS AGREED TO RECOMMENDATIONS TO PROGRESS AN AMENDMENT BILL TO CHANGE THE INSURANCE (PRUDENTIAL SUPERVISION) ACT
AS PEOPLE DITCH TRADITIONAL INDEMNITY INSURANCE BECAUSE OF COST, SPECIFICALLY TARGETED FORMS OF INSURANCE COULD BOLSTER UPTAKE Page 1 Copy 4 Created with Sketch.