Insurance news

16 Mar 17, 9:06am
22
Insurance Council says the Government consulting on how to levy insurance to fund new fire and emergency service shows how complicated and costly the regime is
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14 Mar 17, 3:08pm
8
Vero agrees to pay 10 cents more per share in $15.8 million deal to increase its stake in Tower to nearly 20%; Move could bump up Vero's offer in takeover bid
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9 Mar 17, 8:47am
0
Psychiatrists call for government review on the way life insurers treat people with mental illness; Underwriter explains extent to which industry goes to fairly assess possible risks of mental illness
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6 Mar 17, 5:16pm
16
Suncorp confirms it's transferring 'a number' of New Zealand admin jobs to its 'strategic partners in Asia'
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6 Mar 17, 10:33am
0
Revenue Minister Judith Collins says government yet to decide whether bank capital will be included in the crackdown on corporates' use of hybrid mismatches
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3 Mar 17, 1:05pm
0
Suncorp argues if the ComCom allowed IAG to acquire AMI and Lumley, it's only fair it approves its application to take over Tower
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2 Mar 17, 1:19pm
1
Suncorp attempts to win over Tower shareholders in its takeover battle with 'escalation payment' agreements
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24 Feb 17, 10:07am
3
Youi's boss to take up new role as CEO of OUTsurance - a South African insurer with the same parent as Youi
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23 Feb 17, 7:40am
1
IAG commits to employing 'targeted rates increases' in the wake of the Kaikoura quakes; Says it has been hiking motor insurance premiums throughout the country as more car owners are making claims
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22 Feb 17, 9:48am
5
New Zealand's second largest general insurer aims to increase its market share to 30%, offering to pay more than 'Canada's Berkshire Hathaway' to buy Tower
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22 Feb 17, 7:57am
7
Insurance lawyer calls for playing field to be leveled in NZ so insurers suffer the same consequences as their customers if they tell porkies
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20 Feb 17, 7:32pm
2
Climate change could threaten the stability of the entire financial system, an Aussie banking regulator warns, as it prepares to apply climate change "stress tests" to the nation's financial institutions
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18 Feb 17, 7:30am
10
Cameron Preston crunches the numbers to explore whether it is Tower or NZ's insurance system that is 'broken'
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17 Feb 17, 1:58pm
4
A.M. Best places Tower's credit rating under review pending its sale to Fairfax Financial Holdings; Says it will consider the extent of Fairfax’s 'financial support' to determine a rating
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15 Feb 17, 10:05am
11
ASB breaks the half billion dollar mark for six month profit; chief executive lauds 'strong momentum'
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13 Feb 17, 12:19pm
12
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
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9 Feb 17, 1:07pm
0
Tower board, major shareholders back $197 million takeover bid from Canada's Fairfax Financial Holdings; Tower's share price rises as trading resumes
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9 Feb 17, 11:26am
8
Tower shares in trading halt ahead of 'announcement'; Reports the insurer has received a take-private proposal from Fairfax Financial Holdings
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6 Feb 17, 7:37am
13
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
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1 Feb 17, 10:23am
6
Gareth Vaughan questions whether ANZ NZ will benefit from the ANZ group selling UDC, and would benefit from selling its KiwiSaver heavy wealth unit
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28 Jan 17, 8:21am
4
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
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26 Jan 17, 1:32pm
9
IAG and Tower demand EQC coughs up the cash, having allegedly short-changed thousands of Canterbury quake claimants with land damage
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25 Jan 17, 10:10am
9
EQC responds to accusations it blacklisted a vulnerable quake victim after wrongly accusing her of lying to get a free heat pump
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24 Jan 17, 4:16pm
1
Insurers expected to cover 60% of Kaikoura quake losses; climate change expected to keep escalating risk of natural disasters
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11 Jan 17, 4:29pm
30
EQC's 'unaccountable actions' see Christchurch woman 'wrongly' accused of fraud and left uninsurable, says Andrew Hooker
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