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RBNZ stress test results for insurers show there is no stress

RBNZ stress test results for insurers show there is no stress
RBNZ Deputy Governor Christian Hawkesby announced the completion of New Zealand's first stress test for life insurers. The test evaluated resilience against hypothetical scenarios, including prolonged COVID effects, a new pandemic, and severe economic stress. Results were reassuring, with insurers demonstrating the ability to manage large claims while remaining solvent. The five largest insurers participated, representing 75% of the market share. Hawkesby commended the process, identifying it as... Read More
Posted: Aug 7 2023, 22:54
Author Name: forexlive
Views: 101926

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