EQC
Cameron Preston crunches the numbers to explore whether it is Tower or NZ's insurance system that is 'broken'
18th Feb 17, 7:30am
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Cameron Preston crunches the numbers to explore whether it is Tower or NZ's insurance system that is 'broken'
Tower Chairman says the company would have a higher sale price if the EQC system wasn't 'broken'; Government says the law has nothing to do with the risk the insurer takes on
13th Feb 17, 12:19pm
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Tower Chairman says the company would have a higher sale price if the EQC system wasn't 'broken'; Government says the law has nothing to do with the risk the insurer takes on
Tower shares in trading halt ahead of 'announcement'; Reports the insurer has received a take-private proposal from Fairfax Financial Holdings
9th Feb 17, 11:26am
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Tower shares in trading halt ahead of 'announcement'; Reports the insurer has received a take-private proposal from Fairfax Financial Holdings
A court document reveals Tower has $6 million at stake in its legal battle with EQC over land damage; Question marks remain over why there are still $51 million of EQC recoveries in dispute
6th Feb 17, 7:37am
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A court document reveals Tower has $6 million at stake in its legal battle with EQC over land damage; Question marks remain over why there are still $51 million of EQC recoveries in dispute
How EQC has avoided being stung by rising land values; Cameron Preston has the back story to the legal action IAG and Tower have launched against EQC
28th Jan 17, 8:21am
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How EQC has avoided being stung by rising land values; Cameron Preston has the back story to the legal action IAG and Tower have launched against EQC
IAG and Tower demand EQC coughs up the cash, having allegedly short-changed thousands of Canterbury quake claimants with land damage
26th Jan 17, 1:32pm
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IAG and Tower demand EQC coughs up the cash, having allegedly short-changed thousands of Canterbury quake claimants with land damage
EQC responds to accusations it blacklisted a vulnerable quake victim after wrongly accusing her of lying to get a free heat pump
25th Jan 17, 10:10am
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EQC responds to accusations it blacklisted a vulnerable quake victim after wrongly accusing her of lying to get a free heat pump
EQC's 'unaccountable actions' see Christchurch woman 'wrongly' accused of fraud and left uninsurable, says Andrew Hooker
11th Jan 17, 4:29pm
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EQC's 'unaccountable actions' see Christchurch woman 'wrongly' accused of fraud and left uninsurable, says Andrew Hooker
Agreement reached to see private insurers receive, assess and settle Kaikoura quake claims on behalf of EQC
13th Dec 16, 2:40pm
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Agreement reached to see private insurers receive, assess and settle Kaikoura quake claims on behalf of EQC
Government confirms it has not been approached by Tower as the insurer seeks capital to ring-fence its quake-related business; Forsyth Barr expects Tower to sell 'RunOff Co'
6th Dec 16, 10:02am
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Government confirms it has not been approached by Tower as the insurer seeks capital to ring-fence its quake-related business; Forsyth Barr expects Tower to sell 'RunOff Co'
Insurance lawyer bites back at Tower chairman for slagging the litigation industry, he claims 'sprung up to agitate disenfranchised customers to demand not just fair resolution, but a windfall'
6th Dec 16, 5:02am
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Insurance lawyer bites back at Tower chairman for slagging the litigation industry, he claims 'sprung up to agitate disenfranchised customers to demand not just fair resolution, but a windfall'
Banks don't know how vulnerable they are to underinsurance; Insurers don’t see major underinsurance risks post-Kaikoura
3rd Dec 16, 5:02am
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Banks don't know how vulnerable they are to underinsurance; Insurers don’t see major underinsurance risks post-Kaikoura
IAG's chief risk officer believes Wellingtonians will soon stop being subsidised by insurance policyholders in other parts of the country for living in a quake hotspot
2nd Dec 16, 12:02pm
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IAG's chief risk officer believes Wellingtonians will soon stop being subsidised by insurance policyholders in other parts of the country for living in a quake hotspot
Tower announces plan to ring fence troublesome quake claims; says industry model is 'broken'; widens loss to $21.5 million; share price at record low
29th Nov 16, 9:51am
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Tower announces plan to ring fence troublesome quake claims; says industry model is 'broken'; widens loss to $21.5 million; share price at record low
Andrew Hooker on how to side-step the insurance problems experienced by Cantabs after the 2010/11 earthquakes
16th Nov 16, 5:02am
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Andrew Hooker on how to side-step the insurance problems experienced by Cantabs after the 2010/11 earthquakes
Insurers urge those affected by the quakes to document damage, lodge claims with EQC in the first instance, and be assured there's money in the kitty to cover the costs
14th Nov 16, 12:26pm
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Insurers urge those affected by the quakes to document damage, lodge claims with EQC in the first instance, and be assured there's money in the kitty to cover the costs
IAG NZ buys $900 million of extra reinsurance as its Canterbury earthquake bill keeps growing
3rd Nov 16, 8:31am
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IAG NZ buys $900 million of extra reinsurance as its Canterbury earthquake bill keeps growing
NZ economy vulnerable to risk of reinsurers charging insurers a premium for uncertainty caused by delayed EQC Act review
31st Oct 16, 9:08am
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NZ economy vulnerable to risk of reinsurers charging insurers a premium for uncertainty caused by delayed EQC Act review
EQC Act review stalled by 'the complexity of the issues and ongoing engagement with insurance industry stakeholders', Treasury says
27th Oct 16, 7:36am
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EQC Act review stalled by 'the complexity of the issues and ongoing engagement with insurance industry stakeholders', Treasury says
Tower upsets a reinsurer by allegedly catching it 'off-guard' in its haste to secure desperately needed cash
14th Sep 16, 11:47am
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Tower upsets a reinsurer by allegedly catching it 'off-guard' in its haste to secure desperately needed cash
Cameron Preston weighs up how the government, insurance companies and homeowners have fared in the Canterbury rebuild boxing ring
12th Sep 16, 5:02am
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Cameron Preston weighs up how the government, insurance companies and homeowners have fared in the Canterbury rebuild boxing ring
Tower braces for $16.2m drop in net profit as Deloitte tells it to hike its Canterbury quake provisions due to it spending more on litigation and over-cap EQC claims; Share price hits 12-year low
8th Sep 16, 11:51am
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Tower braces for $16.2m drop in net profit as Deloitte tells it to hike its Canterbury quake provisions due to it spending more on litigation and over-cap EQC claims; Share price hits 12-year low
Insurance Council on why it's taking so long for quake claims to be settled; highlights inaccuracies in govt data on the matter
22nd Jul 16, 5:03am
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Insurance Council on why it's taking so long for quake claims to be settled; highlights inaccuracies in govt data on the matter
Cameron Preston crunches the numbers to see what's in it for insurers to delay settling Canterbury earthquake claims
18th Jul 16, 9:04am
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Cameron Preston crunches the numbers to see what's in it for insurers to delay settling Canterbury earthquake claims
Environment Commissioner warns getting insurance will become harder as sea levels rise and insurers take cover
15th Jul 16, 2:30pm
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Environment Commissioner warns getting insurance will become harder as sea levels rise and insurers take cover