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Insurance

Tower says the Auckland Anniversary Weekend flood may now cost as much as $225 million, while it says it won't be paying a half-year dividend to shareholders
8th May 23, 10:23am
4
Tower says the Auckland Anniversary Weekend flood may now cost as much as $225 million, while it says it won't be paying a half-year dividend to shareholders
After banking, insurance? Treasury emails hint at potential of Commerce Commission market study
8th May 23, 5:00am
21
After banking, insurance? Treasury emails hint at potential of Commerce Commission market study
[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
Investment losses push insurers' profit down despite increase in gross earned premiums
30th Mar 23, 7:50am
3
Investment losses push insurers' profit down despite increase in gross earned premiums
Michael Naylor says how and where we build needs to change in the face of more extreme weather and the insurance industry can help
27th Mar 23, 10:22am
by Guest
18
Michael Naylor says how and where we build needs to change in the face of more extreme weather and the insurance industry can help
[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
Floods, cyclones, thunderstorms: Is climate change to blame for New Zealand’s summer of extreme weather?
15th Mar 23, 9:41am
by Guest
97
Floods, cyclones, thunderstorms: Is climate change to blame for New Zealand’s summer of extreme weather?
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
Analysts say high inflation will help Tower, after extreme weather events, pass costs on to customers
21st Feb 23, 7:36am
Analysts say high inflation will help Tower, after extreme weather events, pass costs on to customers
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
Tower lowers annual profit guidance by up to $14 million after North Island weather double whammy
17th Feb 23, 9:38am
12
Tower lowers annual profit guidance by up to $14 million after North Island weather double whammy
Speculation on potential sale of its life insurer Asteron Life comes from 'gossip column' in AFR, Suncorp NZ says
9th Feb 23, 1:07pm
Speculation on potential sale of its life insurer Asteron Life comes from 'gossip column' in AFR, Suncorp NZ says
Insurers are waving the climate change red flag. We all need to pay attention, Rebecca Stevenson says
9th Feb 23, 11:55am
58
Insurers are waving the climate change red flag. We all need to pay attention, Rebecca Stevenson says
[updated]
Insurer Suncorp says Auckland customers will need to be realistic about repair timetable
8th Feb 23, 7:44am
8
Insurer Suncorp says Auckland customers will need to be realistic about repair timetable
Auckland flooding to take a financial toll on New Zealand's biggest insurer IAG
7th Feb 23, 9:35am
15
Auckland flooding to take a financial toll on New Zealand's biggest insurer IAG
[updated]
Auckland properties with erosion or repeat flooding could become uninsurable
3rd Feb 23, 9:28am
116
Auckland properties with erosion or repeat flooding could become uninsurable
David Hall explains the need for, and possibilities for, climate adaptation finance as people in the upper North Island clean up
3rd Feb 23, 7:30am
10
David Hall explains the need for, and possibilities for, climate adaptation finance as people in the upper North Island clean up
[updated]
The Auckland deluge is a very significant event which will result in a lot of claims, says the Insurance Council. It has advice when dealing with floods and storms. Westpac and ASB also announce relief for affected customers
28th Jan 23, 9:00am
by admin
16
The Auckland deluge is a very significant event which will result in a lot of claims, says the Insurance Council. It has advice when dealing with floods and storms. Westpac and ASB also announce relief for affected customers
The Insurance Council advises how and when you can claim for the cost of lost or delayed travel luggage. The re-opened skies have brought an enormous increase in claims they say
14th Jan 23, 10:07am
by admin
4
The Insurance Council advises how and when you can claim for the cost of lost or delayed travel luggage. The re-opened skies have brought an enormous increase in claims they say
[updated]
FMA highlights the reporting of hundreds of conduct & culture issues from life insurers resulting in tens of millions of dollars of customer remediation
21st Sep 22, 3:30pm
14
FMA highlights the reporting of hundreds of conduct & culture issues from life insurers resulting in tens of millions of dollars of customer remediation
S&P ponders whether price increases can combat 'endless barrage of headwinds' against the reinsurance sector, which struggles to earn its cost of capital
8th Sep 22, 12:38pm
5
S&P ponders whether price increases can combat 'endless barrage of headwinds' against the reinsurance sector, which struggles to earn its cost of capital
Ross Stitt says for Australia, droughts and rains are proving increasingly problematic, as are bushfires, cyclones, and coastal erosion. All up, it is an insurability crisis
25th Aug 22, 10:37am
93
Ross Stitt says for Australia, droughts and rains are proving increasingly problematic, as are bushfires, cyclones, and coastal erosion. All up, it is an insurability crisis
Climate change risks not limited to coastal properties, with the risk of river flooding also likely to increase significantly
23rd Aug 22, 5:16pm
14
Climate change risks not limited to coastal properties, with the risk of river flooding also likely to increase significantly
IAG proposes a three step plan to combat flood risk, calls for an end to building in flood prone areas
18th Aug 22, 5:00am
17
IAG proposes a three step plan to combat flood risk, calls for an end to building in flood prone areas
Government to mull how NZ meets the costs of climate adaptation and invests in resilience, getting advice on flood insurance options
4th Aug 22, 11:35am
25
Government to mull how NZ meets the costs of climate adaptation and invests in resilience, getting advice on flood insurance options