ICNZ
Natural hazards abound in New Zealand and insurance premium costs are rising, so would a broader range of insurance products be useful?
13th Dec 24, 5:00am
12
Natural hazards abound in New Zealand and insurance premium costs are rising, so would a broader range of insurance products be useful?
ICNZ opposes UK-style flood reinsurance scheme for NZ, saying it could send the wrong signals
24th Oct 24, 6:37am
24
ICNZ opposes UK-style flood reinsurance scheme for NZ, saying it could send the wrong signals
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
4
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
Labour Party Finance Spokesperson Barbara Edmonds highlights critical role of insurance in New Zealand’s financial future as natural hazard risks increase and insurance premiums continue to rise
5th Sep 24, 11:57am
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Labour Party Finance Spokesperson Barbara Edmonds highlights critical role of insurance in New Zealand’s financial future as natural hazard risks increase and insurance premiums continue to rise
Who pays when it comes to climate adaptation is a distribution issue, according to the Reserve Bank
29th Jul 24, 3:07pm
2
Who pays when it comes to climate adaptation is a distribution issue, according to the Reserve Bank
Insurance Council tells Parliament’s Finance and Expenditure Committee natural hazard events are affecting global reinsurers’ view of NZ
16th Jul 24, 12:57pm
50
Insurance Council tells Parliament’s Finance and Expenditure Committee natural hazard events are affecting global reinsurers’ view of NZ
Minister of Commerce and Consumer Affairs Andrew Bayly wants new Contracts of Insurance Bill to find the right balance between protecting consumers and giving the insurance industry certainty
10th May 24, 2:41pm
1
Minister of Commerce and Consumer Affairs Andrew Bayly wants new Contracts of Insurance Bill to find the right balance between protecting consumers and giving the insurance industry certainty
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
10
Commerce and Consumer Affairs Minister Andrew Bayly announces insurance law reform, wants to bring insurance law ‘into the 21st century’
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
RBNZ releases finalised guidance for financial institutions on evaluating and mitigating climate-related risks, says they should understand the compounding effect climate-related risks may have on other business risks
27th Mar 24, 5:00am
5
RBNZ releases finalised guidance for financial institutions on evaluating and mitigating climate-related risks, says they should understand the compounding effect climate-related risks may have on other business risks
Our car insurance survey closes soon. Can you please help us by taking the survey, if you haven't already. That will give us a good basis to help readers understand a fast-rising household expense
25th Mar 24, 2:02pm
9
Our car insurance survey closes soon. Can you please help us by taking the survey, if you haven't already. That will give us a good basis to help readers understand a fast-rising household expense
[updated]
Insurance Council says the Fire and Emergency levy ‘attacks’ and loads costs onto insurance as FENZ levy hike looms while DIA says there are ‘no plans’ to move away from the levy
14th Mar 24, 1:25pm
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Insurance Council says the Fire and Emergency levy ‘attacks’ and loads costs onto insurance as FENZ levy hike looms while DIA says there are ‘no plans’ to move away from the levy
New Zealand needs reinsurance. Does the reinsurance market need New Zealand?
Minister of Commerce and Consumer Affairs Andrew Bayly says making New Zealanders wealthier is a key step towards good insurance outcomes
7th Mar 24, 11:18am
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Minister of Commerce and Consumer Affairs Andrew Bayly says making New Zealanders wealthier is a key step towards good insurance outcomes
We're running an insurance survey to start revealing how premium costs are shifting by insurer, a crowd-sourced attempt to bring increased transparency to the insurance sector
1st Mar 24, 12:02pm
19
We're running an insurance survey to start revealing how premium costs are shifting by insurer, a crowd-sourced attempt to bring increased transparency to the insurance sector
NZIER says barriers to climate adaptation investment need to be addressed while resilience investment needs to be incentivised
30th Jan 24, 1:31pm
4
NZIER says barriers to climate adaptation investment need to be addressed while resilience investment needs to be incentivised
Insurer Tower says it faced significant challenges this financial year, but its underlying result 'demonstrates resilience and strategic delivery' that positions the company well for long-term sustainable growth and performance
23rd Nov 23, 11:00am
5
Insurer Tower says it faced significant challenges this financial year, but its underlying result 'demonstrates resilience and strategic delivery' that positions the company well for long-term sustainable growth and performance
Insurer Tower says inflation, motor crime and supply chain issues continued to worsen over the third quarter of its financial year to September
19th Jul 23, 10:11am
10
Insurer Tower says inflation, motor crime and supply chain issues continued to worsen over the third quarter of its financial year to September
The total cost of buying flood risk homes could be $1 billion but critical details still awaited
1st Jun 23, 5:23pm
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The total cost of buying flood risk homes could be $1 billion but critical details still awaited
Tower says the Auckland Anniversary Weekend flood may now cost as much as $225 million, while it says it won't be paying a half-year dividend to shareholders
8th May 23, 10:23am
4
Tower says the Auckland Anniversary Weekend flood may now cost as much as $225 million, while it says it won't be paying a half-year dividend to shareholders
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
NZ inflation 0.4% higher as a result of North Island weather events: Treasury estimate
27th Apr 23, 4:09pm
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NZ inflation 0.4% higher as a result of North Island weather events: Treasury estimate
[updated]
More than half the value of $890m worth of Cyclone Gabrielle insurance claims to date come from Hawke's Bay
23rd Mar 23, 10:08am
1
More than half the value of $890m worth of Cyclone Gabrielle insurance claims to date come from Hawke's Bay
Government launches New Zealand Claims Resolution Service with insurers' support to help those hard hit by recent storms
19th Feb 23, 9:03pm
1
Government launches New Zealand Claims Resolution Service with insurers' support to help those hard hit by recent storms
[updated]
The Auckland deluge is a very significant event which will result in a lot of claims, says the Insurance Council. It has advice when dealing with floods and storms. Westpac and ASB also announce relief for affected customers
28th Jan 23, 9:00am
16
The Auckland deluge is a very significant event which will result in a lot of claims, says the Insurance Council. It has advice when dealing with floods and storms. Westpac and ASB also announce relief for affected customers