The Reserve Bank of New Zealand is satisfied that SCOR Global Life SE is no longer carrying on insurance business in New Zealand according to the Insurance (Prudential Supervision) Act 2010 (the Act). At the request of SCOR Global Life SE, the licence issued to it on 8 March 2012 under section 19 of the Act was cancelled on 1 May 2019 pursuant to section 30(1) of the Act.
Apr 2019 Banks
On 8 April 2019 the Reserve Bank published a consultation paper seeking feedback on the proposed framework for identifying domestic systemically important banks (D-SIBs).
In 2019 the Reserve Bank is performing a thematic review of the appointed actuary regime. Any policy changes will require consultation. We will seed feedback on the objectives and a draft plan for the review through open forums in Auckland and Wellington, as well as meetings with key stakeholder groups. The forums are scheduled for:
Wellington - Tuesday 2 April 1-2:30pm and 3 - 4:30pm at James Cook hotel
Auckland - Wednesday 3 April 12:30-2pm and 2:30-4pm at the Heritage hotel