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Insurance

Interest.co.nz got a bunch of car insurance quotes in January 2016. We then got quotes for the same profiles in January this year. Here's what happened to premiums 
8th Feb 18, 9:33am
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Interest.co.nz got a bunch of car insurance quotes in January 2016. We then got quotes for the same profiles in January this year. Here's what happened to premiums 
The NZ Initiative calls for shareholders and policyholders, not taxpayers, to be made to take the hit if an insurer goes belly-up; Industry experts have their hesitations
25th Jan 18, 5:02am
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The NZ Initiative calls for shareholders and policyholders, not taxpayers, to be made to take the hit if an insurer goes belly-up; Industry experts have their hesitations
Youi points to US study that finds marital status is almost as significant in car insurance pricing as age and gender; Says it has never rejected a legitimate claim based on marital status
13th Jan 18, 8:55am
by admin
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Youi points to US study that finds marital status is almost as significant in car insurance pricing as age and gender; Says it has never rejected a legitimate claim based on marital status
Youi charges single and divorced drivers 16% to 21% more for car insurance than married drivers. Why? Jenée Tibshraeny shares her view
11th Jan 18, 11:14am
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Youi charges single and divorced drivers 16% to 21% more for car insurance than married drivers. Why? Jenée Tibshraeny shares her view
nib to start selling health insurance through Fairfax Media in bid to broaden its distribution channels 
13th Dec 17, 11:53am
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nib to start selling health insurance through Fairfax Media in bid to broaden its distribution channels 
Munich Re, Swiss Re and Hannover Re to receive 12.5% of IAG's premium income in exchange for paying 12.5% of its claims and expenses; Deal to boost capital and reduce earnings volatility
8th Dec 17, 2:00pm
Munich Re, Swiss Re and Hannover Re to receive 12.5% of IAG's premium income in exchange for paying 12.5% of its claims and expenses; Deal to boost capital and reduce earnings volatility
Insurers suffer record losses due to weather events in 2017, but recoup some of these through premium hikes; Reinsurers remain committed to New Zealand
6th Dec 17, 11:31am
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Insurers suffer record losses due to weather events in 2017, but recoup some of these through premium hikes; Reinsurers remain committed to New Zealand
The insurance market may be consolidating, but the RBNZ says it's still attractive to overseas companies. We consider who's showing interest and look at what the new entrants to the market are up to
30th Nov 17, 3:48pm
The insurance market may be consolidating, but the RBNZ says it's still attractive to overseas companies. We consider who's showing interest and look at what the new entrants to the market are up to
Self-proclaimed 'pushy' Commerce & Consumer Affairs Minister Kris Faafoi commits to revamping archaic insurance law, but prioritises introduction of payday lender interest rate caps & a supermarket code of conduct
23rd Nov 17, 2:09pm
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Self-proclaimed 'pushy' Commerce & Consumer Affairs Minister Kris Faafoi commits to revamping archaic insurance law, but prioritises introduction of payday lender interest rate caps & a supermarket code of conduct
Tower CEO sets sights on embattled insurer becoming a 'leading digital challenger brand' that uses better data to assess risk and target premiums
15th Nov 17, 9:29am
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Tower CEO sets sights on embattled insurer becoming a 'leading digital challenger brand' that uses better data to assess risk and target premiums
Tower's share price drops to record low of 64c as it unveils discounted share offer to address 'inherent uncertainty' via a $70m capital raise; Insurer reduces its annual loss to $8m
14th Nov 17, 9:58am
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Tower's share price drops to record low of 64c as it unveils discounted share offer to address 'inherent uncertainty' via a $70m capital raise; Insurer reduces its annual loss to $8m
Trading halt on Tower shares with insurer at 'advanced stage of finalising underwriting for a capital raising'
13th Nov 17, 2:32pm
Trading halt on Tower shares with insurer at 'advanced stage of finalising underwriting for a capital raising'
Vero walks away from appeal of Commerce Commission decision to block Tower takeover as it sees 'significant litigation risk' and the deal outlining the proposed acquisition expires
7th Nov 17, 12:06pm
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Vero walks away from appeal of Commerce Commission decision to block Tower takeover as it sees 'significant litigation risk' and the deal outlining the proposed acquisition expires
Fidelity Life board backs proposal for NZ Super Fund to inject new capital into the company through a $100 million deal  
1st Nov 17, 5:02am
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Fidelity Life board backs proposal for NZ Super Fund to inject new capital into the company through a $100 million deal  
Insurance industry raises concerns over the RBNZ being the entity to conduct a major review of the legislation it uses to regulate the sector
18th Oct 17, 12:22pm
Insurance industry raises concerns over the RBNZ being the entity to conduct a major review of the legislation it uses to regulate the sector
Youi NZ reduces its loss by 41% as its premium income growth exceeds its claims expense growth; Says it's focused on 'continuous improvement'
4th Oct 17, 1:16pm
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Youi NZ reduces its loss by 41% as its premium income growth exceeds its claims expense growth; Says it's focused on 'continuous improvement'
Sovereign customers warned AIA takeover could give incentivised advisers an in to encourage them to switch policies
29th Sep 17, 9:15am
Sovereign customers warned AIA takeover could give incentivised advisers an in to encourage them to switch policies
AIA reaches AU$3.8 billion agreement with ASB's parent CBA to buy Sovereign and CommInsure
21st Sep 17, 10:57am
AIA reaches AU$3.8 billion agreement with ASB's parent CBA to buy Sovereign and CommInsure
With a strong economy, modest insurance premium increases, and the EQC Act review set to benefit insurers, S&P says quakes and cyclones aren't deterring reinsurers from the NZ market
13th Sep 17, 7:31am
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With a strong economy, modest insurance premium increases, and the EQC Act review set to benefit insurers, S&P says quakes and cyclones aren't deterring reinsurers from the NZ market
How new technology that automates underwriting is set to be a game-changer in health insurance
6th Sep 17, 1:28pm
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How new technology that automates underwriting is set to be a game-changer in health insurance
Insurance brokers say higher EQC and fire service levies, as well as a changing market post-Kaikoura, could see the cost of insuring some buildings increase by more than 50%
29th Aug 17, 5:06pm
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Insurance brokers say higher EQC and fire service levies, as well as a changing market post-Kaikoura, could see the cost of insuring some buildings increase by more than 50%
IAG says 'high risk regions' like Wellington to be hit hardest with further insurance premium increases; Notes households and businesses can also expect to pay higher excesses
23rd Aug 17, 3:12pm
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IAG says 'high risk regions' like Wellington to be hit hardest with further insurance premium increases; Notes households and businesses can also expect to pay higher excesses
Tower supports Vero as it challenges the Commerce Commission's decision to prevent the insurers from merging; Tower to push on with plans to raise capital
23rd Aug 17, 9:14am
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Tower supports Vero as it challenges the Commerce Commission's decision to prevent the insurers from merging; Tower to push on with plans to raise capital
A.M. Best warns Tower's credit rating could be downgraded if it doesn't improve its capital position
17th Aug 17, 1:27pm
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A.M. Best warns Tower's credit rating could be downgraded if it doesn't improve its capital position
Jenée Tibshraeny weighs up whether nib's new health insurance products are using gimmicks to sugar-coat, or substance to justify, price increases
10th Aug 17, 2:21pm
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Jenée Tibshraeny weighs up whether nib's new health insurance products are using gimmicks to sugar-coat, or substance to justify, price increases