Health Sector Issues

This section provides access to a range of government submissions, position papers and speeches prepared by the Southern Cross Healthcare Group, or the independent businesses that operate under the Southern Cross brand, in furthering the charitable and/or not-for-profit philosophy of the Group.

Feb2010

Submissions: Insurance (Prudential Supervision) Bill

Feb 2010 by Southern Cross Medical Care Society and Southern Cross Benefits Limited

Southern Cross has been an active participant in government-led processes designed to enhance protection of consumers of financial products and services. This involvement has included participating in advisory group discussions and preparation of submissions in response to consultation papers, questions and draft Bills from the Reserve Bank, the Ministry of Economic Development (MED) and the Securities Commission.

Throughout this extensive consultation process, Southern Cross Medical Care Society and Southern Cross Benefits Limited have worked closely with their respective industry bodies, the Health Funds Association and the Insurance Council of New Zealand.

The following submissions in relation to the Insurance (Prudential Supervision) Bill outline Southern Cross views on matters such as governance, insurance definitions, solvency standards and credit ratings.

Response to the Reserve Bank on the Insurance (Prudential Supervision) Bill – Consultation Draft, June 2009 ►

Response to the Finance and Expenditure Committee on the Insurance (Prudential Supervision) Bill, February 2010 ►

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