New Zealand insurer data collections archive

 This information has been archived and may not be current.
Contains expired versions of documents and similar material for reference purposes.

Current versions of documents and recent changes are available on the New Zealand insurer data collections page.

Information on consultations and associate documents are available in the Consultation and policy development for insurers pages.

Consultations

Insurer Foreign Business

8 July 2015

Insurer Return and Quarterly Insurer Survey

3 July 2015

Insurer Return

12 March 2015

28 November 2014

27 August 2014

Documents

Document

Form

Guide

Version

Report Dates

Definitions for Insurer Return & Quarterly Insurer Survey
- V1 Up to July 2015

Definitions for Insurer Return & Quarterly Insurer Survey

-

V1.1

Between August 2015 and February 2016

Insurer Return
(IR)

V1

Up to February 2016

Insurer Return
(IR)

V1.1a

Between March 2016 and January 2017

Insurer Return for Lloyd's
(IRL)

-

V1

Up to February 2016

Insurer Return for Lloyd's
(IRL)

-

V1.1a

Between March 2016 and January 2017

Quarterly Insurer Survey
(QIS)
V1 Up to July 2015

Quarterly Insurer Survey
(QIS)

V1.1

Between August 2015 and February 2016

Quarterly Insurer Survey
(QIS)

V1.2

Between March 2016 and January 2017

Quarterly Insurer Survey
(QIS)



V1.2a Between February 2017 and October 2017

Quarterly Insurer Survey
(QIS)



V1.2b Between November 2017 and August 2018
Quarterly Insurer Survey for Lloyd's
(QISL)

V1 Up to February 2016

Quarterly Insurer Survey for Lloyd's
(QISL)

-

V1.1

Between March 2016 and January 2017

Insurer Solvency Return 
(ISR)


   V1 Up to December 2013
Insurer Solvency Return 
(ISR)



 V2 January 2014 to February 2015
 Insurer Solvency Return 
(ISR)


 V3 March to April 2015
Insurer Solvency Return
(ISR)
V4 May to June 2015
Insurer Solvency Return
(ISR)


V5 Between July 2015 and February 2016

Insurer Solvency Return
(ISR)

V5.1

Between March 2016 and January 2017, and optionally for older Report Dates

Insurer Solvency Exempt Return
(ISER)
- V1 Up to June 2015
Insurer Solvency Exempt Return
(ISER)

  V2 Between July 2015 and February 2016

Insurer Solvency Exempt Return
(ISER)

-

V2.1

Between March 2016 and January 2017, and optionally for older Report Dates

Insurer Foreign Business Return
  V1 Up to February 2016

Insurer Foreign Business Return
(IFBR)

-

V1.1

Between March 2016 and January 2017

Changes

6 December 2017

There is a new template for the Quarterly Insurer Survey, for all QIS insurers except Lloyds. This will facilitate pre-submission validations and automatic uploading. There are, however, no changes to data structures, definitions, guidance or reporting requirements.

The following changes have been made to the insurer data collections.

21 February 2017

Updated list of insurer names for all Forms. There are no changes to reporting requirements.

21 March 2016

Correction of a bug in formulae in the following documents:

  • Insurer Return (IR) V1.1
  • Insurer Return for Lloyd’s (IRL) V1.1

11 March 2016

Published the following documents:

  • Definitions for Insurer Return & Quarterly Insurer Survey V1.2
  • Insurer Return (IR) V1.1
  • Insurer Return for Lloyd’s (IRL) V1.1
  • Quarterly Insurer Survey (QIS) V1.2
  • Quarterly Insurer Survey for Lloyd’s (QISL) V1.1
  • Guidance for Insurer Return & Quarterly Insurer Survey V1.2
  • Insurer Solvency Return (ISR) V5.1
  • Insurer Solvency Exempt Return (ISER) V2.1
  • Insurer Foreign Business Return (IFBR) V1.1
  • (The Guide to Completing Insurer Solvency Return has not been updated)
  • All forms have an updated list of insurers

All the above documents except for the Insurer Solvency Return and Insurer Solvency Exempt Return have been changed as follows (as applicable):

  • clarify the distinction between other insurance and other excluding insurance-related for revenue, expenses, assets and liabilities
  • clarify treatment of policy/administration fees
  • clarify treatment of fixed amount fee revenue for outwards reinsurance
  • labelling to identify which outwards reinsurance assets are life insurance methods or general insurance methods
  • clarify treatment of outwards reinsurance commission liability
  • under life insurance methods changes to separately record tax components of gross policy liabilities (only where insurers have this information)
  • clarify the correct signs for life insurance deposits and withdrawals
  • clarify treatment of changes in premium rates and cover for exposure movements
  • clarify treatment of premiums that vary with exposure for annual premium exposure item
  • added comment on currency conversion

In addition, the Quarterly Insurer Survey and QISL have also been changed as follows:

  • improved formatting
  • added comments on specified matters (consistent with Insurer Return)
  • align accounting methods drop-down with Insurer Return
  • change exposure movements to financial year to date (consistent with other information)
  • correct typo for health insurance exposures

Several FAQs have been added to the Guidance for Insurer Return & Quarterly Insurer Survey based on our experience to date with QIS reporting. This includes both the above changes and some other aspects where no changes to Forms or Definitions have been made.

There are no changes for Insurer Solvency Return, other than an updated list of insurers.

The Insurer Solvency Exempt Return has been changed as follows:

  • corrected title of return (consistent with section 121 notices)
  • added comment on currency conversion

While there are a lot of changes, almost all of these are minor or clarifying in nature. An exception is the Insurer Return and Quarterly Insurer Survey changes in respect of tax under life insurance methods, which is needed to aid our understanding of information reported. A full consultation was not conducted on this issue since we permit insurers that do not have the tax information available to continue reporting their policy liabilities net of tax.

13 November 2015

Published the following documents:

  • Insurer Return for Lloyd’s (IRL) V1 - new
  • Quarterly Insurer Survey for Lloyd’s (QISL) V1 - new
  • Guidance for Insurer Return & Quarterly Insurer Survey V1.1 – expanded guidance and frequently asked questions 

26 August 2015

Updated the instructions for submission, and publish the following documents:

  • Guidance for Insurer Return & Quarterly Insurer Survey V1 - new
  • Quarterly Insurer Survey (QIS) V1.1 – correction of label for movement in net assets, changed materiality to be the same as IR, change of name for other general insurance class
  • Definitions for Insurer Return & Quarterly Insurer Survey V1.1 – changed QIS materiality to the same as IR, change of name for QIS other general insurance class

12 August 2015

Published the following document:

  • Insurer Foreign Business Return (IFBR) V1 – clarify treatment of geographic regions, changed materiality to be consistent with IR, changed webpage links & submission instructions

23 July 2015

Created the insurer data collections webpage and publish the following documents:

  • Definitions for Insurer Return & Quarterly Insurer Survey V1 – changed classification for pleasure craft, minor wording changes, changed webpage links & submission instructions
  • Insurer Return (IR) V1 – increased materiality to $5 million and clarify usage, fix inconsistency in reporting deferred acquisition cost and unexpired risk, some changes of risk units for general insurance, changed webpage links & submission instructions
  • Quarterly Insurer Survey (QIS) V1 - fix inconsistency in reporting deferred acquisition cost and unexpired risk, some changes of risk units for general insurance, changed webpage links & submission instructions
  • Insurer Solvency Return (ISR) and Guide V5 – removed rounding requirement, changed webpage links & submission instructions, added unlocked sheet for insurer use
  • Insurer Solvency Exempt Return (ISER) V5 – removed rounding requirement, changed webpage links & submission instructions, added unlocked sheet for insurer use

21 May 2015

Published the following documents:

  • Insurer Solvency Return and Guide V4 – incorporation of the newly issued variable annuity solvency standard

18 February 2015

Published the following documents:

  • Insurer Solvency Return and Guide V3 – consequential amendments for the solvency standards issued December 2014, changed look and feel to be consistent with data returns that are being developed, simplified reporting of consolidated solvency results, improved clarification of some solvency-related information
  • Insurer Solvency Exempt Return V1 – new form