RISKSA Magazine - - Advertorial -

Re­serve Bank of New Zealand (RBNZ), which gains its author­ity un­der the In­sur­ance (Pru­den­tial Su­per­vi­sion) Act 2010. Any en­tity that as­sumes li­a­bil­i­ties to New Zealand pol­i­cy­hold­ers un­der a con­tract of in­sur­ance is an in­surer and re­quires a li­cence from, and is reg­u­lated by the RBNZ. The pro­vi­sion of in­sur­ance broking ser­vices and other in­sur­ance in­ter­me­di­a­tion ser­vices is reg­u­lated, although no autho­ri­sa­tion is re­quired un­der New Zealand leg­is­la­tion. The pro­vi­sion of ad­vice or other ser­vices in re­la­tion to in­sur­ance prod­ucts is reg­u­lated, and the provider may need to be reg­is­tered and/or au­tho­rised.

2. Sub­sidiary/Branch

In­sur­ers: • An in­surer may be a lo­cal en­tity or a

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