NZX-listed companies, banks, insurers, and fund managers will have to report on climate risks under new regulation announced today by the minister for climate change. If passed by the next Parliament, businesses would be required to make annual disclosures on climate change ri...
The ruling is important not just to major contractors but even to homeowners calling in a sparky.
The Reserve Bank is again signalling it is likely to require general and life insurance companies to hold more capital and is promising more intense supervision. "Over the years, we have observed a declining trend in solvency margins that may be illustrative of a key differenc...
The regional alert levels will remain unchanged for now but will likely be eased next week.
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