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Insurance

Is there enough competition in New Zealand’s general insurance market? The country’s two biggest general insurers, with the majority of the market, say yes
30th Aug 24, 10:40am
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Is there enough competition in New Zealand’s general insurance market? The country’s two biggest general insurers, with the majority of the market, say yes
Not enough experienced candidates to fill NZ jobs in tech, engineering, manufacturing and financial sectors, recruiter says
26th Aug 24, 4:35pm
18
Not enough experienced candidates to fill NZ jobs in tech, engineering, manufacturing and financial sectors, recruiter says
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
6
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
Suncorp NZ boss Jimmy Higgins encouraged by Parliament's cross-party climate inquiry but says reinsurer appetite won't improve until NZ has plans in place to tackle future natural hazard risks
20th Aug 24, 1:00pm
2
Suncorp NZ boss Jimmy Higgins encouraged by Parliament's cross-party climate inquiry but says reinsurer appetite won't improve until NZ has plans in place to tackle future natural hazard risks
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
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
11
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
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
Cost of living for average NZ household climbed 5.4% in June quarter, says Statistics NZ, pushed up by interest payments and insurance costs
26th Jul 24, 11:48am
69
Cost of living for average NZ household climbed 5.4% in June quarter, says Statistics NZ, pushed up by interest payments and insurance costs
Climate risk expert says New Zealand needs a national flood adaptation platform to mitigate the rising costs and financial risks caused by floods
26th Jul 24, 10:03am
16
Climate risk expert says New Zealand needs a national flood adaptation platform to mitigate the rising costs and financial risks caused by floods
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
With the economy in a tailspin and the RBNZ stubbornly holding the OCR, Gareth Vaughan takes a look at the non-tradable inflation dilemma
6th Jul 24, 9:10am
38
With the economy in a tailspin and the RBNZ stubbornly holding the OCR, Gareth Vaughan takes a look at the non-tradable inflation dilemma
Associate Finance Minister David Seymour says he has asked Treasury to review financial and levy settings for natural hazards
1st Jul 24, 12:42pm
3
Associate Finance Minister David Seymour says he has asked Treasury to review financial and levy settings for natural hazards
EVDB's James Foster on what's required for the next big move in electric vehicle uptake
29th Jun 24, 9:00am
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EVDB's James Foster on what's required for the next big move in electric vehicle uptake
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
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
Parliament tasks a cross-party committee with working out how to cope with the risk of extreme weather events as climate change makes disasters more frequent
10th May 24, 11:54am
44
Parliament tasks a cross-party committee with working out how to cope with the risk of extreme weather events as climate change makes disasters more frequent
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’
Household living costs rise 6.2% as interest payments, the cost of insurance & transport costs such as petrol climb, Statistics NZ says
29th Apr 24, 1:44pm
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Household living costs rise 6.2% as interest payments, the cost of insurance & transport costs such as petrol climb, Statistics NZ says
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
IAG New Zealand’s successful appeal overturns Tribunal’s push for expanded insurer responsibilities in home insurance claims, with Bell Gully highlighting the significance of the judgment
20th Mar 24, 5:00am
4
IAG New Zealand’s successful appeal overturns Tribunal’s push for expanded insurer responsibilities in home insurance claims, with Bell Gully highlighting the significance of the judgment
Aon New Zealand climate report highlights New Zealand among list of countries with some of the costliest weather-related insurance events on record
18th Mar 24, 1:30pm
9
Aon New Zealand climate report highlights New Zealand among list of countries with some of the costliest weather-related insurance events on record
[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
Tell us what you think as we seek feedback on our Of Interest Podcast
9th Mar 24, 9:00am
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Tell us what you think as we seek feedback on our Of Interest Podcast
New Zealand needs reinsurance. Does the reinsurance market need New Zealand?
8th Mar 24, 3:22pm
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New Zealand needs reinsurance. Does the reinsurance market need New Zealand?