Tag: life_insurers
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New Zealand Government Exempts Health and Life Insurers from Climate Reporting
The New Zealand Government is removing health and life insurers from mandatory climate reporting. Commerce and Consumer Affairs Minister Cameron Brewer said the "commonsense fix" reduces costs for businesses not directly exposed to climate risks, streamlining regulations for growth.
Politics and GovernmentBusinessGeneral PoliticsEconomyEnvironmentLegal New Zealand GovernmentClimate ReportingInsuranceHealth InsurersLife InsurersCameron BrewerBusiness Regulation
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FMA Grants Interim Relief on Climate Reporting for Health and Life Insurers
New Zealand's FMA offers 'no action' relief to health and life insurers on climate reporting, pending legislative changes. This move aims to reduce compliance costs as the government plans to remove these entities from the CRD regime.
BusinessPolitics and GovernmentEconomyLegalGeneral PoliticsClimate Change Financial Markets AuthorityClimate ReportingHealth InsurersLife InsurersRegulatory ReliefClimate Related DisclosuresNZ Financial Markets Authority