Vero

Suncorp New Zealand’s half-year profit soars past full-year 2024 result, but insurance premium growth slows

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

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

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’

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

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

Insurer Vero cops $3.9 million fine for not applying multi-policy discounts to customers

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

Banks offering cash to borrowers taking out house insurance with, and sometimes without, their home loans

Insurer Suncorp says Auckland customers will need to be realistic about repair timetable

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

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

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

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 

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

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

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

CPI data shows kiwis' grumbles over hefty insurance premium hikes are justified