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Insurance

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
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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
32
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
5
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?
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
[updated]
Financial institutions must report cyber incidents to the RBNZ; can decide themselves if they're 'material'
7th Mar 24, 10:04am
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Financial institutions must report cyber incidents to the RBNZ; can decide themselves if they're 'material'
Toka Tū Ake EQC’s chief financial officer says $225 million catastrophe bond is ‘complementary’ to traditional reinsurance methods
28th Feb 24, 7:42am
3
Toka Tū Ake EQC’s chief financial officer says $225 million catastrophe bond is ‘complementary’ to traditional reinsurance methods
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
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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
Tower CEO Blair Turnbull says the insurer wants to be competitive and affordable with its pricing – as gross written premium jumps 21% in four months
22nd Feb 24, 7:08am
4
Tower CEO Blair Turnbull says the insurer wants to be competitive and affordable with its pricing – as gross written premium jumps 21% in four months
Tower’s CEO says insurer’s gross written premium up 21% in four months, expects full-year profit to be upper end of or exceed guidance of $22m to $27m
21st Feb 24, 11:27am
Tower’s CEO says insurer’s gross written premium up 21% in four months, expects full-year profit to be upper end of or exceed guidance of $22m to $27m
IAG New Zealand’s gross written premium leaps 18.8% and insurance margin rises to 20.8%
16th Feb 24, 11:15am
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IAG New Zealand’s gross written premium leaps 18.8% and insurance margin rises to 20.8%
John Tookey says one year on from Cyclone Gabrielle, NZ still needs a plan to fix its failing infrastructure
7th Feb 24, 8:41am
20
John Tookey says one year on from Cyclone Gabrielle, NZ still needs a plan to fix its failing infrastructure
Kiwibank's Jarrod Kerr on the war on inflation including how much the RBNZ can influence non-tradeable inflation, and whether its mandate may need changing
26th Jan 24, 10:01am
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Kiwibank's Jarrod Kerr on the war on inflation including how much the RBNZ can influence non-tradeable inflation, and whether its mandate may need changing