IAG
Dunedin flood results in 600 insurance claims so far, IAG NZ CEO Amanda Whiting says, and NZ needs to prioritise investing in natural hazard risk reduction and resilience
15th Oct 24, 5:00am
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Dunedin flood results in 600 insurance claims so far, IAG NZ CEO Amanda Whiting says, and NZ needs to prioritise investing in natural hazard risk reduction and resilience
In a new Of Interest podcast episode, John Lyon explains why it's hard to judge insurers' finances on a year by year basis, and why NZ's risk profile is the most significant barrier to enter the local insurance market
1st Oct 24, 4:41pm
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In a new Of Interest podcast episode, John Lyon explains why it's hard to judge insurers' finances on a year by year basis, and why NZ's risk profile is the most significant barrier to enter the local insurance market
[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
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
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
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
Tower Insurance readies its next risk-based pricing tool as CEO says he loves being the insurance underdog competing with bigger Aussie-owned rivals
29th May 24, 5:00am
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Tower Insurance readies its next risk-based pricing tool as CEO says he loves being the insurance underdog competing with bigger Aussie-owned rivals
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
The availability of EV and hybrid vehicle insurance may have come a long way, but can still cost more than insuring vehicles with internal combustion engines
11th May 24, 9:00am
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The availability of EV and hybrid vehicle insurance may have come a long way, but can still cost more than insuring vehicles with internal combustion engines
As car insurance premiums continue rising, significantly for some people, is insurance becoming unaffordable?
10th May 24, 10:09am
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As car insurance premiums continue rising, significantly for some people, is insurance becoming unaffordable?
IAG says 86% of home buyers and renters now have climate risks front of mind when looking at property
9th May 24, 10:14am
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IAG says 86% of home buyers and renters now have climate risks front of mind when looking at property
IAG New Zealand's Amanda Whiting says 19% gross written premium growth to more than $2b is ‘pretty significant’ but doesn’t expect growth to continue at same rate
17th Feb 24, 8:45am
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IAG New Zealand's Amanda Whiting says 19% gross written premium growth to more than $2b is ‘pretty significant’ but doesn’t expect growth to continue at same rate
IAG New Zealand’s gross written premium leaps 18.8% and insurance margin rises to 20.8%
16th Feb 24, 11:15am
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IAG New Zealand’s gross written premium leaps 18.8% and insurance margin rises to 20.8%
Climate disasters haven’t shrunk Munich Re’s risk appetite but the reinsurance giant says industry level change is needed to combat growing number of climate crisis events
9th Feb 24, 9:00am
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Climate disasters haven’t shrunk Munich Re’s risk appetite but the reinsurance giant says industry level change is needed to combat growing number of climate crisis events
NZIER says barriers to climate adaptation investment need to be addressed while resilience investment needs to be incentivised
30th Jan 24, 1:31pm
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NZIER says barriers to climate adaptation investment need to be addressed while resilience investment needs to be incentivised
Simon Watts says the Government is ‘moving at pace’ to get adaption framework underway as insurers reflect on last year’s North Island flooding disasters
27th Jan 24, 9:35am
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Simon Watts says the Government is ‘moving at pace’ to get adaption framework underway as insurers reflect on last year’s North Island flooding disasters
IAG says it has paid out more than $1 billion in insurance claims for the North Island floods & Cyclone Gabrielle
20th Nov 23, 10:49am
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IAG says it has paid out more than $1 billion in insurance claims for the North Island floods & Cyclone Gabrielle
IAG encourages customers whose properties were hardest hit by extreme weather earlier this year 'to reside elsewhere'
20th Sep 23, 7:36pm
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IAG encourages customers whose properties were hardest hit by extreme weather earlier this year 'to reside elsewhere'
How Quashed wants to make insurance easy for New Zealanders. And cheaper.
Banks offering cash to borrowers taking out house insurance with, and sometimes without, their home loans
20th May 23, 9:17am
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Banks offering cash to borrowers taking out house insurance with, and sometimes without, their home loans
After banking, insurance? Treasury emails hint at potential of Commerce Commission market study
8th May 23, 5:00am
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After banking, insurance? Treasury emails hint at potential of Commerce Commission market study
Insurers are waving the climate change red flag. We all need to pay attention, Rebecca Stevenson says
9th Feb 23, 11:55am
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Insurers are waving the climate change red flag. We all need to pay attention, Rebecca Stevenson says
Auckland flooding to take a financial toll on New Zealand's biggest insurer IAG
7th Feb 23, 9:35am
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Auckland flooding to take a financial toll on New Zealand's biggest insurer IAG
[updated]
Auckland properties with erosion or repeat flooding could become uninsurable