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EQC

A closer look at the Government's decision to transfer risk from private insurers to the state natural disaster insurer, EQC
3rd Oct 21, 6:00am
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A closer look at the Government's decision to transfer risk from private insurers to the state natural disaster insurer, EQC
Homeowners to receive twice as much cover from EQC in the event of a natural disaster, as the Government transfers a whole lot of risk from private insurers to the state
30th Sep 21, 5:00pm
26
Homeowners to receive twice as much cover from EQC in the event of a natural disaster, as the Government transfers a whole lot of risk from private insurers to the state
Morgan Stanley report shines a light on IAG and Suncorp's dominance of New Zealand's general insurance market
24th May 21, 4:41pm
Morgan Stanley report shines a light on IAG and Suncorp's dominance of New Zealand's general insurance market
Both IAG and Tower have followed Suncorp in reaching the end of long-running disputes with the Earthquake Commission (EQC) relating to the apportioning of costs between the state and private insurers relating to the Canterbury earthquakes
24th Nov 20, 3:21pm
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Both IAG and Tower have followed Suncorp in reaching the end of long-running disputes with the Earthquake Commission (EQC) relating to the apportioning of costs between the state and private insurers relating to the Canterbury earthquakes
Private insurers finally get their way, as EQC enables them to handle claims on its behalf; Public Inquiry was inconclusive on the matter
2nd Nov 20, 6:49pm
12
Private insurers finally get their way, as EQC enables them to handle claims on its behalf; Public Inquiry was inconclusive on the matter
Jenée Tibshraeny looks at the tough calls the Government needs to make around spreading the cost of climate and natural disaster risk 
24th Oct 20, 7:53am
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Jenée Tibshraeny looks at the tough calls the Government needs to make around spreading the cost of climate and natural disaster risk 
Govt accepts Public Inquiry recommendation to consider increasing the EQC cap so more risk falls with the state insurer rather than private insurers in the event of a disaster
31st Aug 20, 12:49pm
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Govt accepts Public Inquiry recommendation to consider increasing the EQC cap so more risk falls with the state insurer rather than private insurers in the event of a disaster
Public Inquiry recommends seismic shift in risk from private insurers to EQC when it comes to insuring residential buildings against natural disasters
9th Apr 20, 10:31am
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Public Inquiry recommends seismic shift in risk from private insurers to EQC when it comes to insuring residential buildings against natural disasters
A look at the 'broken' system that's seen the RBNZ force Tower to find more capital, as insurers continue to chase EQC for hundreds of millions of dollars 9 years after the Canterbury quakes 
21st Nov 19, 1:13pm
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A look at the 'broken' system that's seen the RBNZ force Tower to find more capital, as insurers continue to chase EQC for hundreds of millions of dollars 9 years after the Canterbury quakes 
General insurers told to be more open-booked with their pricing and to self-review on conduct and culture; RBNZ Governor says it's too early to say whether insurance capital changes will 'lead to the kind of uplift we have proposed for bank capital'
5th Nov 19, 1:18pm
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General insurers told to be more open-booked with their pricing and to self-review on conduct and culture; RBNZ Governor says it's too early to say whether insurance capital changes will 'lead to the kind of uplift we have proposed for bank capital'
Insurers warn apartment owners risk being left high and dry in the event of a quake, as anecdotes of cash-strapped body corporates ditching their cover emerge
18th May 19, 9:31am
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Insurers warn apartment owners risk being left high and dry in the event of a quake, as anecdotes of cash-strapped body corporates ditching their cover emerge
Low-risk home, car and contents policyholders to stop subsidising high-risk customers as IAG ups the ante on risk-based pricing; Company denies move is a money grab
29th Apr 19, 4:03pm
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Low-risk home, car and contents policyholders to stop subsidising high-risk customers as IAG ups the ante on risk-based pricing; Company denies move is a money grab
Commerce and Consumer Affairs Minister Kris Faafoi tells insurers to communicate price and policy changes more clearly, but won't force them to ensure insurance remains accessible 
12th Mar 19, 2:59pm
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Commerce and Consumer Affairs Minister Kris Faafoi tells insurers to communicate price and policy changes more clearly, but won't force them to ensure insurance remains accessible 
Ex-Governor-General and High Court Judge Silvia Cartwright to lead public inquiry with 'all the powers of a Royal Commission' into the Earthquake Commission
13th Nov 18, 10:46am
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Ex-Governor-General and High Court Judge Silvia Cartwright to lead public inquiry with 'all the powers of a Royal Commission' into the Earthquake Commission
Impact statement on Canterbury Earthquakes Insurance Tribunal Bill reveals the Ministry of Justice did not consult with any external parties as a result of time pressure from the Government
9th Aug 18, 7:30am
by Jason Walls
1
Impact statement on Canterbury Earthquakes Insurance Tribunal Bill reveals the Ministry of Justice did not consult with any external parties as a result of time pressure from the Government
Insurance Council boss lobbies Government to give insurers same access to proposed Canterbury quake tribunal as homeowners
3rd Aug 18, 10:53am
by Guest
3
Insurance Council boss lobbies Government to give insurers same access to proposed Canterbury quake tribunal as homeowners
Duncan Webb explains how the proposed Earthquake Tribunal could ping insurers who have used delay tactics and shares his hopes that it provides a model for the resolution of other civil disputes
2nd Aug 18, 10:47am
by Guest
3
Duncan Webb explains how the proposed Earthquake Tribunal could ping insurers who have used delay tactics and shares his hopes that it provides a model for the resolution of other civil disputes
New research finds the average property that's claimed EQC cover for storm damage is twice as close to the coast as the average property in NZ
31st Jul 18, 5:00am
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New research finds the average property that's claimed EQC cover for storm damage is twice as close to the coast as the average property in NZ
Report reveals EQC's data is in such a state, even the Independent Ministerial Advisor can't get reliable information on the status of unresolved Canterbury quake claims
6th Jun 18, 4:16pm
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Report reveals EQC's data is in such a state, even the Independent Ministerial Advisor can't get reliable information on the status of unresolved Canterbury quake claims
Tower widens half-year loss off the back of storms and disappointing settlement with reinsurer; Risk-based pricing gets underway
29th May 18, 12:56pm
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Tower widens half-year loss off the back of storms and disappointing settlement with reinsurer; Risk-based pricing gets underway
Insurers back Government's move to spend $8 million on tribunal to help settle the thousands of outstanding Canterbury earthquake claims
18th May 18, 7:12am
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Insurers back Government's move to spend $8 million on tribunal to help settle the thousands of outstanding Canterbury earthquake claims
Any NZ inquiry into the conduct of the financial services sector will require a lengthy and deep probe into the insurance sector, Gareth Vaughan argues
15th May 18, 4:10pm
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Any NZ inquiry into the conduct of the financial services sector will require a lengthy and deep probe into the insurance sector, Gareth Vaughan argues
The greater the grillings Gerry Brownlee and Sid Miller receive for EQC’s re-repairs cost blowout, the more evident the lack of scrutiny of former AMI directors becomes
25th Apr 18, 7:24am
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The greater the grillings Gerry Brownlee and Sid Miller receive for EQC’s re-repairs cost blowout, the more evident the lack of scrutiny of former AMI directors becomes
Gerry Brownlee speaks out on EQC: “I just think people aren’t seeing the wood for the trees here. And in this case the wood - Megan - is making a whole lot of mischief"
5th Apr 18, 5:40pm
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Gerry Brownlee speaks out on EQC: “I just think people aren’t seeing the wood for the trees here. And in this case the wood - Megan - is making a whole lot of mischief"
The Government commits to increasing EQC cover for buildings, extending the timeframe claims can be made within and enabling more data sharing
20th Mar 18, 11:33am
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The Government commits to increasing EQC cover for buildings, extending the timeframe claims can be made within and enabling more data sharing