Corpus ID: 152562256

Insurer solvency standards – reducing risk in a risk business

  title={Insurer solvency standards – reducing risk in a risk business},
  author={R. Dean},
  journal={Reserve Bank of New Zealand Bulletin},
  • R. Dean
  • Published 2011
  • Economics
  • Reserve Bank of New Zealand Bulletin
  • Significant earthquakes in Christchurch have brought the need for stability in the New Zealand insurance market into sharp focus. The ability of insurance companies to meet claims as they fall due has tremendous potential impact in such circumstances and the need for insurers to hold sufficient capital and other resources for those purposes is more visible in such difficult times. Whether in terms of meeting household claims or those for large businesses, insurance companies have a crucial role… CONTINUE READING
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