reinsurance
An update on what's been going down in the insurance industry this week: Tower shareholders appear jittery; Suncorp launches Tinder-like app; Partners Life gets $200m boost; Delta extends level of cyber security cover available in NZ
31st May 16, 3:53pm
An update on what's been going down in the insurance industry this week: Tower shareholders appear jittery; Suncorp launches Tinder-like app; Partners Life gets $200m boost; Delta extends level of cyber security cover available in NZ
Cam Preston argues insurers are running out of steam in the Canterbury rebuild/repair marathon, with AMI set to be the largest taxpayer bailout in NZ history
25th May 16, 10:24am
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Cam Preston argues insurers are running out of steam in the Canterbury rebuild/repair marathon, with AMI set to be the largest taxpayer bailout in NZ history
Tower receives 155 new Canterbury quake claims from EQC in six months to March; increases quake provisions by $2.9m; widens loss to $8.7m
24th May 16, 1:44pm
Tower receives 155 new Canterbury quake claims from EQC in six months to March; increases quake provisions by $2.9m; widens loss to $8.7m
IAG's reinsurance costs almost double off back of Berkshire Hathaway partnership; Buffett's company props up reinsurance kitty for 2011 Canterbury quake by $600m
17th Feb 16, 3:43pm
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IAG's reinsurance costs almost double off back of Berkshire Hathaway partnership; Buffett's company props up reinsurance kitty for 2011 Canterbury quake by $600m
Tower suffers $7m loss as it increases its Canterbury quakes provisions by $53m; Business grows otherwise with underlying profit up 30%
24th Nov 15, 12:41pm
Tower suffers $7m loss as it increases its Canterbury quakes provisions by $53m; Business grows otherwise with underlying profit up 30%
NZ credit surety provider and financial risk insurer aims to raise capital through IPO to help fund Aussie acquisition, growth & bolster capital
7th Sep 15, 4:31pm
NZ credit surety provider and financial risk insurer aims to raise capital through IPO to help fund Aussie acquisition, growth & bolster capital
IAG NZ chief executive Jacki Johnson on ensuring migrants have insurance, facing new competition, getting support from Australia to pay quake claims, and the future of EQC
2nd Sep 15, 1:33pm
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IAG NZ chief executive Jacki Johnson on ensuring migrants have insurance, facing new competition, getting support from Australia to pay quake claims, and the future of EQC
Citi analysts argue NZ's largest general insurer may have to top up its provisions to cover Christchurch earthquake claims
21st Jul 15, 3:40pm
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Citi analysts argue NZ's largest general insurer may have to top up its provisions to cover Christchurch earthquake claims
Massey University's Michael Naylor says the Treasury needs to be bolder and to rethink the purpose of EQC, including the possibility of focusing on offering reinsurance cover to private insurers
13th Jul 15, 8:48am
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Massey University's Michael Naylor says the Treasury needs to be bolder and to rethink the purpose of EQC, including the possibility of focusing on offering reinsurance cover to private insurers
Warren Buffett's Berkshire Hathaway enters A$500m partnership with our largest general insurer, IAG
16th Jun 15, 11:37am
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Warren Buffett's Berkshire Hathaway enters A$500m partnership with our largest general insurer, IAG
Higher premium prices and lower claim payouts fail to cover Tower for Canterbury quake claims cost blowout
26th May 15, 3:11pm
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Higher premium prices and lower claim payouts fail to cover Tower for Canterbury quake claims cost blowout
Insurers turn from reinsurers to customers & shareholders to plug holes in their post Christchurch earthquakes safety net
6th May 15, 9:44am
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Insurers turn from reinsurers to customers & shareholders to plug holes in their post Christchurch earthquakes safety net
Review of Canterbury provisions sparks Tower share trading halt
29th Apr 15, 1:07pm
Review of Canterbury provisions sparks Tower share trading halt
Lloyd's of London backs EQC as insurers take aim at it, feels the pinch globally from low interest rates
17th Feb 15, 8:30am
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Lloyd's of London backs EQC as insurers take aim at it, feels the pinch globally from low interest rates
EQC at 70, a great asset for New Zealand or an aggressive muddler?
Supreme Court rejects Sovereign's application for leave to appeal judgment against the insurer and in favour of IRD in $82 mln tax case
16th Jun 14, 4:32pm
Supreme Court rejects Sovereign's application for leave to appeal judgment against the insurer and in favour of IRD in $82 mln tax case
Heartland boss says constraints on reverse equity mortgages in NZ have been supply driven not demand driven
17th Feb 14, 1:50pm
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Heartland boss says constraints on reverse equity mortgages in NZ have been supply driven not demand driven
IAG NZ CEO says insurer would sell assets if forced to by Commerce Commission to secure Lumley acquisition
20th Dec 13, 11:47am
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IAG NZ CEO says insurer would sell assets if forced to by Commerce Commission to secure Lumley acquisition
Move to 'sum insured' makes sense because home owners are best placed to know about their own homes, says AA Insurance boss
26th Nov 13, 4:02pm
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Move to 'sum insured' makes sense because home owners are best placed to know about their own homes, says AA Insurance boss
Aggressive Auckland-based credit surety and financial risk provider CBL Insurance has its B+ and bbb- ratings from AM Best re-affirmed
12th Jul 13, 3:39pm
Aggressive Auckland-based credit surety and financial risk provider CBL Insurance has its B+ and bbb- ratings from AM Best re-affirmed
Amanda Morrall talks to AA Insurance's Suzanne Wolton about the company's move to 'sum insured' house cover away from traditional square metre metrics
12th Dec 12, 10:39am
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Amanda Morrall talks to AA Insurance's Suzanne Wolton about the company's move to 'sum insured' house cover away from traditional square metre metrics
Warren Buffett's Berkshire Hathaway secures NZ insurance licence and will provide earthquake cover for reconstruction in Christchurch
7th Nov 12, 11:30am
Warren Buffett's Berkshire Hathaway secures NZ insurance licence and will provide earthquake cover for reconstruction in Christchurch
Despite the massive natural disasters, global reinsurers recorded lower losses in 2011 than previous worst year of 2005 after growing their business
4th Oct 12, 12:05am
Despite the massive natural disasters, global reinsurers recorded lower losses in 2011 than previous worst year of 2005 after growing their business
Insurer Tower says the ongoing impacts of the Christchurch earthquakes will slice NZ$9.4 mln, or about 19%, off its annual profit
4th Sep 12, 9:54am
Insurer Tower says the ongoing impacts of the Christchurch earthquakes will slice NZ$9.4 mln, or about 19%, off its annual profit
Taxman wins NZ$92.5 mln reinsurance dispute with Sovereign, which says judgement won't affect its credit rating but it's reviewing it
24th Jul 12, 4:14pm
Taxman wins NZ$92.5 mln reinsurance dispute with Sovereign, which says judgement won't affect its credit rating but it's reviewing it