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Insurance

Insurance representative bodies from New Zealand, Australia, Canada, and the UK urge their governments in a joint letter to collaborate with insurers in order to decrease natural hazard risk
21st Oct 24, 1:05pm
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Insurance representative bodies from New Zealand, Australia, Canada, and the UK urge their governments in a joint letter to collaborate with insurers in order to decrease natural hazard risk
[updated]
Headline inflation lands on the Reserve Bank’s 2% target, despite the largest local government rate hikes since 1990
16th Oct 24, 10:47am
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Headline inflation lands on the Reserve Bank’s 2% target, despite the largest local government rate hikes since 1990
[updated]
FMA files civil proceedings against ASB relating to the alleged overcharging of 25,497 customers by about $4.3mln
8th Oct 24, 12:35pm
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FMA files civil proceedings against ASB relating to the alleged overcharging of 25,497 customers by about $4.3mln
[updated]
In its climate inquiry findings report, the Finance and Expenditure Committee says there needs to be clear mandates for climate adaptation funding and responsibilities in the Government’s future adaptation framework as there’s still ‘who pays’ uncertainty
1st Oct 24, 1:45pm
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In its climate inquiry findings report, the Finance and Expenditure Committee says there needs to be clear mandates for climate adaptation funding and responsibilities in the Government’s future adaptation framework as there’s still ‘who pays’ uncertainty
Is there enough competition in New Zealand’s general insurance market? The country’s two biggest general insurers, with the majority of the market, say yes
30th Aug 24, 10:40am
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Is there enough competition in New Zealand’s general insurance market? The country’s two biggest general insurers, with the majority of the market, say yes
Not enough experienced candidates to fill NZ jobs in tech, engineering, manufacturing and financial sectors, recruiter says
26th Aug 24, 4:35pm
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Not enough experienced candidates to fill NZ jobs in tech, engineering, manufacturing and financial sectors, recruiter says
IAG NZ Chief Executive Amanda Whiting says insurer’s annual results showing $4.1 billion in gross written premium and $500.7 million in insurance profit ‘just demonstrate the sustainable outcome’
22nd Aug 24, 8:30am
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IAG NZ Chief Executive Amanda Whiting says insurer’s annual results showing $4.1 billion in gross written premium and $500.7 million in insurance profit ‘just demonstrate the sustainable outcome’
IAG New Zealand CEO says insurers need to ‘balance out the bad years with the good’ as the insurer reports a 15% increase in annual gross written premium to $4 billion and an annual insurance profit of $500.7 million
21st Aug 24, 12:24pm
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IAG New Zealand CEO says insurers need to ‘balance out the bad years with the good’ as the insurer reports a 15% increase in annual gross written premium to $4 billion and an annual insurance profit of $500.7 million
Suncorp NZ boss Jimmy Higgins encouraged by Parliament's cross-party climate inquiry but says reinsurer appetite won't improve until NZ has plans in place to tackle future natural hazard risks
20th Aug 24, 1:00pm
2
Suncorp NZ boss Jimmy Higgins encouraged by Parliament's cross-party climate inquiry but says reinsurer appetite won't improve until NZ has plans in place to tackle future natural hazard risks
Vero owner Suncorp New Zealand reports a 17.3% rise in annual gross written premium to $2.8 billion, as net profit doubles to $230 million
19th Aug 24, 12:22pm
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Vero owner Suncorp New Zealand reports a 17.3% rise in annual gross written premium to $2.8 billion, as net profit doubles to $230 million
IAG says New Zealanders are less personally concerned about climate change than they were a year ago but more people are concerned about the impacts
5th Aug 24, 2:03pm
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IAG says New Zealanders are less personally concerned about climate change than they were a year ago but more people are concerned about the impacts
Who pays when it comes to climate adaptation is a distribution issue, according to the Reserve Bank
29th Jul 24, 3:07pm
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Who pays when it comes to climate adaptation is a distribution issue, according to the Reserve Bank
Cost of living for average NZ household climbed 5.4% in June quarter, says Statistics NZ, pushed up by interest payments and insurance costs
26th Jul 24, 11:48am
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Cost of living for average NZ household climbed 5.4% in June quarter, says Statistics NZ, pushed up by interest payments and insurance costs
Climate risk expert says New Zealand needs a national flood adaptation platform to mitigate the rising costs and financial risks caused by floods
26th Jul 24, 10:03am
16
Climate risk expert says New Zealand needs a national flood adaptation platform to mitigate the rising costs and financial risks caused by floods
Insurance Council tells Parliament’s Finance and Expenditure Committee natural hazard events are affecting global reinsurers’ view of NZ
16th Jul 24, 12:57pm
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Insurance Council tells Parliament’s Finance and Expenditure Committee natural hazard events are affecting global reinsurers’ view of NZ
With the economy in a tailspin and the RBNZ stubbornly holding the OCR, Gareth Vaughan takes a look at the non-tradable inflation dilemma
6th Jul 24, 9:10am
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With the economy in a tailspin and the RBNZ stubbornly holding the OCR, Gareth Vaughan takes a look at the non-tradable inflation dilemma
Associate Finance Minister David Seymour says he has asked Treasury to review financial and levy settings for natural hazards
1st Jul 24, 12:42pm
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Associate Finance Minister David Seymour says he has asked Treasury to review financial and levy settings for natural hazards
EVDB's James Foster on what's required for the next big move in electric vehicle uptake
29th Jun 24, 9:00am
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EVDB's James Foster on what's required for the next big move in electric vehicle uptake
Insurance parties seek revisions to Contracts of Insurance Bill to ensure more clarity and confidence across the board
26th Jun 24, 2:37pm
Insurance parties seek revisions to Contracts of Insurance Bill to ensure more clarity and confidence across the board
General insurer Tower reports 20% growth of $291 million in gross written premiums in 2024 first-half result
28th May 24, 10:04am
General insurer Tower reports 20% growth of $291 million in gross written premiums in 2024 first-half result
Parliament tasks a cross-party committee with working out how to cope with the risk of extreme weather events as climate change makes disasters more frequent
10th May 24, 11:54am
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Parliament tasks a cross-party committee with working out how to cope with the risk of extreme weather events as climate change makes disasters more frequent
Commerce and Consumer Affairs Minister Andrew Bayly announces insurance law reform, wants to bring insurance law ‘into the 21st century’
2nd May 24, 7:36pm
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Commerce and Consumer Affairs Minister Andrew Bayly announces insurance law reform, wants to bring insurance law ‘into the 21st century’
Household living costs rise 6.2% as interest payments, the cost of insurance & transport costs such as petrol climb, Statistics NZ says
29th Apr 24, 1:44pm
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Household living costs rise 6.2% as interest payments, the cost of insurance & transport costs such as petrol climb, Statistics NZ says
Could insurers afford a Canterbury-sized earthquake in Wellington? ICNZ’s departing CEO Tim Grafton says it raises ‘some questions’ around reinsurance affordability
5th Apr 24, 7:42am
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Could insurers afford a Canterbury-sized earthquake in Wellington? ICNZ’s departing CEO Tim Grafton says it raises ‘some questions’ around reinsurance affordability
IAG New Zealand’s successful appeal overturns Tribunal’s push for expanded insurer responsibilities in home insurance claims, with Bell Gully highlighting the significance of the judgment
20th Mar 24, 5:00am
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IAG New Zealand’s successful appeal overturns Tribunal’s push for expanded insurer responsibilities in home insurance claims, with Bell Gully highlighting the significance of the judgment