New accounting standard may cause you solvency problems.
News Category: General Insurance
RMS model release 2016
Risk Management Solutions has finally release their updated New Zealand Earthquake HD model. The new model has serious implications for New Zealand insurers.
Setting a smarter solvency target
This article explores a smarter solvency target for New Zealand insurers.
Insurance Regulation – December 2014 Update
The Reserve Bank issued a number of updates to their regulation of the insurance sector in December 2014. In the attached MJW Topix we look at some of the changes and how they will affect insurers.
May 2014 Newsletter – Telematics
In this newsletter, we look at a new product development in the New Zealand insurance market – a device designed to reward better drivers with better premiums.
Data Analytics – Retail Lending
Data analytics is all about using data to achieve your business goals. This newsletter considers the retail lending sector and an example from the latest National census.
March 2013 Newsletter – The Winner’s Curse
In this newsletter we look at the phenomenon of the winner’s curse and what it might mean for your business.
General Insurance Risk Margins Overview
For reporting periods commencing 1 January 2007, all reporting entities in New Zealand must comply with the New Zealand International Financial Reporting Standards (NZ IFRS). Early adoption of the NZ IFRS is permitted from 1 January 2005. Risk margins are a requirement.