Emergency Information

The Fair Insurance Code

Act ethically
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The Insurance & Savings Ombudsman Scheme

Be subject to independent review
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The Insurance Council's Solvency Test

Be financially sound
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In New Zealand there are a number of various statutes which relate specifically to the insurance industry. These include:

• Insurance Companies (Ratings and Inspection) Act 1994
• Insurance Companies Deposits Act 1953
• Insurance Law Reform Act 1977
• Insurance Law Reform Act 1985

There are also various pieces of general consumer legislation designed to protect consumers' interests. These include:

• Fair Trading Act 1986
• Consumer Guarantees Act 1993
• Human Rights Act 1993
• Privacy Act 1993
• Disputes Tribunals Act 1998

 

 

 

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