Wotton + Kearney release 2023 NZ Insurance Market Trends Update

Wotton + Kearney have released their 2023 NZ Insurance Market Trends Update. Of note, it includes updates on:

·         increase in director accountability for ESG issues and climate-related financial disclosures;

·         how organisations will need to consider how applicable tikanga values should inform their conduct when dealing with employment relationship issues;

·         how organisations need rigorous processes in place for restructures and redundancies;

·         extensions to Schedule 2 Occupational Diseases;

·         changes to the regulation of medicines, medical devices and natural health products;

·         the passing of the Therapeutic Products Bill 2023;

·         cyber, privacy and data security.

 

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Legal and regulatory update for the life and health insurance sector

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