EQC
Natural Hazards Commission says the current natural hazards insurance levy is ‘insufficient’ and would need to be 50% higher to break even
4th Dec 24, 7:26am
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Natural Hazards Commission says the current natural hazards insurance levy is ‘insufficient’ and would need to be 50% higher to break even
Associate Finance Minister David Seymour says he has asked Treasury to review financial and levy settings for natural hazards
1st Jul 24, 12:42pm
3
Associate Finance Minister David Seymour says he has asked Treasury to review financial and levy settings for natural hazards
Toka Tū Ake EQC secures a record $9.2 billion in reinsurance coverage, almost $1 billion more than last year's reinsurance cover
6th Jun 24, 5:00am
5
Toka Tū Ake EQC secures a record $9.2 billion in reinsurance coverage, almost $1 billion more than last year's reinsurance cover
GeoNet funding only bright spot in Budget that's otherwise grim for science and research & development
31st May 24, 10:13am
27
GeoNet funding only bright spot in Budget that's otherwise grim for science and research & development
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
40
Could insurers afford a Canterbury-sized earthquake in Wellington? ICNZ’s departing CEO Tim Grafton says it raises ‘some questions’ around reinsurance affordability
New Zealand needs reinsurance. Does the reinsurance market need New Zealand?
Toka Tū Ake EQC’s chief financial officer says $225 million catastrophe bond is ‘complementary’ to traditional reinsurance methods
28th Feb 24, 7:42am
3
Toka Tū Ake EQC’s chief financial officer says $225 million catastrophe bond is ‘complementary’ to traditional reinsurance methods
The Earthquake Commission knew David Seymour was the new Minister responsible for EQC and Southern Response but Seymour's office thought it was someone else
2nd Feb 24, 3:54pm
13
The Earthquake Commission knew David Seymour was the new Minister responsible for EQC and Southern Response but Seymour's office thought it was someone else
Treasury releases its briefing to incoming ministers but with minimal information or policy advice
1st Feb 24, 3:59pm
20
Treasury releases its briefing to incoming ministers but with minimal information or policy advice
Auckland University's Martin Brook on how this year's extreme weather shows we need a more holistic storm preparation and response approach
25th Jun 23, 6:10am
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Auckland University's Martin Brook on how this year's extreme weather shows we need a more holistic storm preparation and response approach
Landslides and law: Cyclone Gabrielle raises serious questions about where we’ve been allowed to build
22nd Feb 23, 10:58am
50
Landslides and law: Cyclone Gabrielle raises serious questions about where we’ve been allowed to build
David Hall explains the need for, and possibilities for, climate adaptation finance as people in the upper North Island clean up
3rd Feb 23, 7:30am
10
David Hall explains the need for, and possibilities for, climate adaptation finance as people in the upper North Island clean up
Government lays out its climate change adaptation plan, with data to be key, and legislation covering managed retreat from high risk areas coming
3rd Aug 22, 11:02am
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Government lays out its climate change adaptation plan, with data to be key, and legislation covering managed retreat from high risk areas coming
With seas rising and storms surging, who will pay for New Zealand’s most vulnerable coastal properties?
3rd May 22, 8:48am
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With seas rising and storms surging, who will pay for New Zealand’s most vulnerable coastal properties?
Tower customers can expect premium changes, as the insurer uses more detailed modelling to price flood risk
10th Nov 21, 5:00am
15
Tower customers can expect premium changes, as the insurer uses more detailed modelling to price flood risk
A closer look at the Government's decision to transfer risk from private insurers to the state natural disaster insurer, EQC
3rd Oct 21, 6:00am
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A closer look at the Government's decision to transfer risk from private insurers to the state natural disaster insurer, EQC
Homeowners to receive twice as much cover from EQC in the event of a natural disaster, as the Government transfers a whole lot of risk from private insurers to the state
30th Sep 21, 5:00pm
26
Homeowners to receive twice as much cover from EQC in the event of a natural disaster, as the Government transfers a whole lot of risk from private insurers to the state
Morgan Stanley report shines a light on IAG and Suncorp's dominance of New Zealand's general insurance market
24th May 21, 4:41pm
Morgan Stanley report shines a light on IAG and Suncorp's dominance of New Zealand's general insurance market
Both IAG and Tower have followed Suncorp in reaching the end of long-running disputes with the Earthquake Commission (EQC) relating to the apportioning of costs between the state and private insurers relating to the Canterbury earthquakes
24th Nov 20, 3:21pm
2
Both IAG and Tower have followed Suncorp in reaching the end of long-running disputes with the Earthquake Commission (EQC) relating to the apportioning of costs between the state and private insurers relating to the Canterbury earthquakes
Private insurers finally get their way, as EQC enables them to handle claims on its behalf; Public Inquiry was inconclusive on the matter
2nd Nov 20, 6:49pm
12
Private insurers finally get their way, as EQC enables them to handle claims on its behalf; Public Inquiry was inconclusive on the matter
Jenée Tibshraeny looks at the tough calls the Government needs to make around spreading the cost of climate and natural disaster risk
24th Oct 20, 7:53am
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Jenée Tibshraeny looks at the tough calls the Government needs to make around spreading the cost of climate and natural disaster risk
Govt accepts Public Inquiry recommendation to consider increasing the EQC cap so more risk falls with the state insurer rather than private insurers in the event of a disaster
31st Aug 20, 12:49pm
26
Govt accepts Public Inquiry recommendation to consider increasing the EQC cap so more risk falls with the state insurer rather than private insurers in the event of a disaster
Public Inquiry recommends seismic shift in risk from private insurers to EQC when it comes to insuring residential buildings against natural disasters
9th Apr 20, 10:31am
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Public Inquiry recommends seismic shift in risk from private insurers to EQC when it comes to insuring residential buildings against natural disasters
A look at the 'broken' system that's seen the RBNZ force Tower to find more capital, as insurers continue to chase EQC for hundreds of millions of dollars 9 years after the Canterbury quakes
21st Nov 19, 1:13pm
14
A look at the 'broken' system that's seen the RBNZ force Tower to find more capital, as insurers continue to chase EQC for hundreds of millions of dollars 9 years after the Canterbury quakes
General insurers told to be more open-booked with their pricing and to self-review on conduct and culture; RBNZ Governor says it's too early to say whether insurance capital changes will 'lead to the kind of uplift we have proposed for bank capital'
5th Nov 19, 1:18pm
22
General insurers told to be more open-booked with their pricing and to self-review on conduct and culture; RBNZ Governor says it's too early to say whether insurance capital changes will 'lead to the kind of uplift we have proposed for bank capital'