In this Topix, we construct a model to predict mortality in New Zealand and compare this to the actual mortality experience over recent years.
News Category: Life Insurance
IFRS16 and Insurer Solvency
New accounting standard may cause you solvency problems.
Financial Advisers Review – Options Paper
In this newsletter, we provide information on the MJW submission to MBIE. It principally covers the main topics in the MJW Report published in November 2015.
Life Insurance – MJW Report
The report makes seven recommendations aimed at delivering real benefits to the average New Zealand consumer.
Pricing insurance risk
For the directors and senior management of an insurance operation, the greatest fears are having insufficient funds to pay claims and failing to earn an adequate return on capital.
Profit Commissions – One for You, Three for Me
For both the payer and the recipient, profit commission can be a double-edged sword.
Comment on Law Commission Report 87 “Life Insurance”
Most New Zealand life insurance legislation dates from 1873. There is wide agreement that change to legislation is appropriate.