Vero
Suncorp New Zealand’s half-year profit soars past full-year 2024 result, but insurance premium growth slows
12th Feb 25, 2:30pm
Suncorp New Zealand’s half-year profit soars past full-year 2024 result, but insurance premium growth slows
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
5
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
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
13
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
Suncorp NZ’s CEO says central government needs to lead on climate adaptation because attempts made by private industry will be seen as ‘profit driven’
27th Feb 24, 9:05am
7
Suncorp NZ’s CEO says central government needs to lead on climate adaptation because attempts made by private industry will be seen as ‘profit driven’
Vero owner Suncorp New Zealand reports 20% gross written premium increase to $1.4 billion, CEO Jimmy Higgins is 'hopeful' customers won't see same level of premium increases in 2024
26th Feb 24, 1:13pm
1
Vero owner Suncorp New Zealand reports 20% gross written premium increase to $1.4 billion, CEO Jimmy Higgins is 'hopeful' customers won't see same level of premium increases in 2024
[updated]
Insurer Vero cops $3.9 million fine for not applying multi-policy discounts to customers
12th Oct 23, 11:10am
2
Insurer Vero cops $3.9 million fine for not applying multi-policy discounts to customers
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
[updated]
Insurer Suncorp says Auckland customers will need to be realistic about repair timetable
8th Feb 23, 7:44am
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Insurer Suncorp says Auckland customers will need to be realistic about repair timetable
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
The RBNZ says its first stress testing of general insurers shows how important the international reinsurance market is to New Zealand
28th Oct 21, 8:06am
2
The RBNZ says its first stress testing of general insurers shows how important the international reinsurance market is to New Zealand
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
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
Tower gets ahead of regulatory curve by committing to taking a more consumer-friendly approach towards disclosure; IAG begs the Government not to make it go this far
11th Jul 19, 7:22am
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Tower gets ahead of regulatory curve by committing to taking a more consumer-friendly approach towards disclosure; IAG begs the Government not to make it go this far
Would insurers be this risk-adverse had the country's competition watchdog prevented the market from becoming so concentrated? The just-exited ComCom Chairman believes they would
8th Jun 19, 9:31am
5
Would insurers be this risk-adverse had the country's competition watchdog prevented the market from becoming so concentrated? The just-exited ComCom Chairman believes they would
CPI data shows kiwis' grumbles over hefty insurance premium hikes are justified
17th Jul 18, 3:43pm
3
CPI data shows kiwis' grumbles over hefty insurance premium hikes are justified
Vero stops offering excess-free windscreen replacement cover in bid to counter soaring motor claims costs
20th Jun 18, 2:20pm
9
Vero stops offering excess-free windscreen replacement cover in bid to counter soaring motor claims costs
If the Government decides there needs to be more meth residue in a property for it to be considered contaminated, insurers won't have to cover the remediation costs of as many properties as they do now
31st May 18, 1:38pm
2
If the Government decides there needs to be more meth residue in a property for it to be considered contaminated, insurers won't have to cover the remediation costs of as many properties as they do now
ANZ and IBM release proof of concept for blockchain product aimed at reducing the to-ing and fro-ing between insurers and brokers; Suncorp involved in testing technology
30th Apr 18, 9:33am
2
ANZ and IBM release proof of concept for blockchain product aimed at reducing the to-ing and fro-ing between insurers and brokers; Suncorp involved in testing technology
Question marks remain over the extent to which further insurance premium hikes flagged for more disaster-prone parts of the country will be offset by decreases in lower risk places
6th Apr 18, 12:37pm
9
Question marks remain over the extent to which further insurance premium hikes flagged for more disaster-prone parts of the country will be offset by decreases in lower risk places
Commerce Commission decision sees Vero sell its Tower shares to Bain Capital Credit for less than it bought them for
8th Mar 18, 12:38pm
1
Commerce Commission decision sees Vero sell its Tower shares to Bain Capital Credit for less than it bought them for
Jenée Tibshraeny looks at where Tower's at - three months after completing a capital raise and nearly a year after taking out a $30m bank loan to boost its solvency
5th Mar 18, 7:04am
2
Jenée Tibshraeny looks at where Tower's at - three months after completing a capital raise and nearly a year after taking out a $30m bank loan to boost its solvency
Tower's falling share price sees Suncorp's half-year investment income take a $12m hit; Suncorp 'expects to address' its near 20% shareholding in Tower this year
15th Feb 18, 5:02pm
1
Tower's falling share price sees Suncorp's half-year investment income take a $12m hit; Suncorp 'expects to address' its near 20% shareholding in Tower this year
Insuring your car with one insurer over another could cost you twice as much. But would this see you get more bang for your buck? Jenée Tibshraeny investigates
9th Feb 18, 6:02am
10
Insuring your car with one insurer over another could cost you twice as much. But would this see you get more bang for your buck? Jenée Tibshraeny investigates
Interest.co.nz got a bunch of car insurance quotes in January 2016. We then got quotes for the same profiles in January this year. Here's what happened to premiums
8th Feb 18, 9:33am
18
Interest.co.nz got a bunch of car insurance quotes in January 2016. We then got quotes for the same profiles in January this year. Here's what happened to premiums
Insurers suffer record losses due to weather events in 2017, but recoup some of these through premium hikes; Reinsurers remain committed to New Zealand
6th Dec 17, 11:31am
18
Insurers suffer record losses due to weather events in 2017, but recoup some of these through premium hikes; Reinsurers remain committed to New Zealand