Resolution Life NZ is a New Zealand incorporated company that has been licensed by the Reserve Bank to carry on insurance business in New Zealand. It is part of the Resolution Life Group.
Resolution Life NZ is regulated by the Reserve Bank and must comply with the requirements of the Insurance (Prudential Supervision) Act 2010 (NZ). The licence granted to Resolution Life NZ requires the company to maintain a minimum solvency margin.
The Board of Resolution Life NZ consists of Tim Tez, CEO of Resolution Life Australasia, Karen Scheirlinck, CEO Resolution Life NZ and three independent directors (Anne Blackburn, Alison O’Connell and Michael Schubert). Anne Blackburn is chair of the Board.
Resolution Life NZ’s insurance activities are limited to acting as an insurer for Resolution Life’s New Zealand employee group insurance policy and as a reinsurer to Resolution Life.
Resolution Life NZ’s main role is to act as trustee of the Resolution Life NZ Trust Fund (NZ Trust). Click here for details of NZ Trust.
The reinsurance treaty with Resolution Life provides a level of additional protection for Resolution Life’s New Zealand policyholders, funded by the shareholders of Resolution Life, in the extreme case that Resolution Life is not able to meet its obligations to those policyholders.
Important information
The content of this website is for information only, it does not contain any financial advice or other professional advice or make any recommendations about a financial product or service being right for you. The information provided by Resolution Life Australasia Limited ABN 84 079 300 379, NZ Company No. 281363, AFSL No. 233671 (Resolution Life), is of a general nature and does not take into account your objectives, financial situation or needs. Before taking any action, you should always seek financial advice or other professional advice relevant to your objectives, financial situation and needs, as well as consider the policy document for the product. Any guarantee offered in the product is only provided by Resolution Life.
Resolution Life does not make any representation or warranty as to the accuracy, reliability or completeness of material on this website nor accepts any liability or responsibility for any acts or decisions based on such information.
Resolution Life can be contacted at resolutionlife.co.nz/contact-us or by calling 0800 808 267.
