Tim Grafton
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
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Could insurers afford a Canterbury-sized earthquake in Wellington? ICNZ’s departing CEO Tim Grafton says it raises ‘some questions’ around reinsurance affordability
[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
39
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
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
46
Minister of Commerce and Consumer Affairs Andrew Bayly says making New Zealanders wealthier is a key step towards good insurance outcomes
Insurance Council says about three quarters of the $3.6 billion of claims for the massive weather events earlier this year have now been paid
12th Dec 23, 9:35am
6
Insurance Council says about three quarters of the $3.6 billion of claims for the massive weather events earlier this year have now been paid
Insurance Council says a little over a third of claims have so far been paid out for the twin weather events early this year; warns some claims could take over a year to settle
22nd Jun 23, 10:34am
4
Insurance Council says a little over a third of claims have so far been paid out for the twin weather events early this year; warns some claims could take over a year to settle
The total cost of buying flood risk homes could be $1 billion but critical details still awaited
1st Jun 23, 5:23pm
46
The total cost of buying flood risk homes could be $1 billion but critical details still awaited
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]
Insurance Council says the amounts claimed so far for the Auckland flood and Cyclone Gabrielle have now topped the amounts claimed for the Kaikoura earthquake
4th Apr 23, 12:26pm
3
Insurance Council says the amounts claimed so far for the Auckland flood and Cyclone Gabrielle have now topped the amounts claimed for the Kaikoura earthquake
[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
Insurance Council says about $111 million of insurance support has already been paid as part of what will be 'a long recovery' from the Auckland flood, while about 30,000 claims have already been lodged as a result of Cyclone Gabrielle
6th Mar 23, 11:01am
2
Insurance Council says about $111 million of insurance support has already been paid as part of what will be 'a long recovery' from the Auckland flood, while about 30,000 claims have already been lodged as a result of Cyclone Gabrielle
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
More movement across borders from the end of the month also means potential for more Covid-inflicted travel showstoppers
23rd Feb 22, 2:03pm
2
More movement across borders from the end of the month also means potential for more Covid-inflicted travel showstoppers
Travel agents and insurance industry prepare for take-off despite lingering uncertainty around Covid re-opening plan
13th Oct 21, 4:54pm
10
Travel agents and insurance industry prepare for take-off despite lingering uncertainty around Covid re-opening plan
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
The wait for a trans-Tasman bubble continues, as the PM announces a commencement date will be unveiled on April 6
22nd Mar 21, 6:13pm
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The wait for a trans-Tasman bubble continues, as the PM announces a commencement date will be unveiled on April 6
Insurance Council warns owners of units in complexes without body corps could struggle to get cover or face uphill battles when making claims
27th Jan 21, 3:33pm
13
Insurance Council warns owners of units in complexes without body corps could struggle to get cover or face uphill battles when making claims
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
RBNZ says it's 'imprudent' for insurers to pay dividends at the moment; Announces major insurance capital review to resume in October
14th Sep 20, 5:44pm
5
RBNZ says it's 'imprudent' for insurers to pay dividends at the moment; Announces major insurance capital review to resume in October
Commerce and Consumer Affairs Minister Kris Faafoi says new rules will include what policyholders must disclose to insurers, making changes to allow people to more easily understand their policy, and addressing unfair contract terms
4th Dec 19, 10:14am
10
Commerce and Consumer Affairs Minister Kris Faafoi says new rules will include what policyholders must disclose to insurers, making changes to allow people to more easily understand their policy, and addressing unfair contract terms
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
Insurance company IAG's plans to open a trial vehicle repair facility in South Auckland creates concerns about potential anti-competitive behaviour
8th Oct 19, 10:52am
20
Insurance company IAG's plans to open a trial vehicle repair facility in South Auckland creates concerns about potential anti-competitive behaviour
Government's proposed conduct licensing regime for financial service providers will make them accountable for sales to consumers by contracted intermediaries & ban target-based sales incentives
25th Sep 19, 12:30pm
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Government's proposed conduct licensing regime for financial service providers will make them accountable for sales to consumers by contracted intermediaries & ban target-based sales incentives
Insurance Council of New Zealand sets out to 'educate the public' about insurance fraud through new Insurance Fraud Bureau as its members strive to reduce insurance fraud
3rd Sep 19, 1:37pm
3
Insurance Council of New Zealand sets out to 'educate the public' about insurance fraud through new Insurance Fraud Bureau as its members strive to reduce insurance fraud
IAG and Suncorp see premium hikes being more subdued in 2020, with major repricing seen in 2019 contributing to them increasing their profits by 69% and 116% respectively
20th Aug 19, 7:49am
10
IAG and Suncorp see premium hikes being more subdued in 2020, with major repricing seen in 2019 contributing to them increasing their profits by 69% and 116% respectively