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IAG

RBNZ and FMA to review governance across 32 financial service providers against a backdrop of growing concern about board governance and risk compliance
8th Dec 21, 9:20am
RBNZ and FMA to review governance across 32 financial service providers against a backdrop of growing concern about board governance and risk compliance
Tower customers can expect premium changes, as the insurer uses more detailed modelling to price flood risk
10th Nov 21, 5:00am
15
Tower customers can expect premium changes, as the insurer uses more detailed modelling to price flood risk
The RBNZ says its first stress testing of general insurers shows how important the international reinsurance market is to New Zealand
28th Oct 21, 8:06am
2
The RBNZ says its first stress testing of general insurers shows how important the international reinsurance market is to New Zealand
Gareth Vaughan on the rise of contactless payments, the potential for IAG to be taken over, a long trip to nowhere, the great pandemic tipping boom & 'it's hard not to meme this stuff'
3rd Jul 21, 9:32am
8
Gareth Vaughan on the rise of contactless payments, the potential for IAG to be taken over, a long trip to nowhere, the great pandemic tipping boom & 'it's hard not to meme this stuff'
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
2
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
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
14
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 
Insurance company IAG's plans to open a trial vehicle repair facility in South Auckland creates concerns about potential anti-competitive behaviour
8th Oct 19, 10:52am
20
Insurance company IAG's plans to open a trial vehicle repair facility in South Auckland creates concerns about potential anti-competitive behaviour
IAG and Suncorp see premium hikes being more subdued in 2020, with major repricing seen in 2019 contributing to them increasing their profits by 69% and 116% respectively 
20th Aug 19, 7:49am
10
IAG and Suncorp see premium hikes being more subdued in 2020, with major repricing seen in 2019 contributing to them increasing their profits by 69% and 116% respectively 
Tower gets ahead of regulatory curve by committing to taking a more consumer-friendly approach towards disclosure; IAG begs the Government not to make it go this far
11th Jul 19, 7:22am
8
Tower gets ahead of regulatory curve by committing to taking a more consumer-friendly approach towards disclosure; IAG begs the Government not to make it go this far
Would insurers be this risk-adverse had the country's competition watchdog prevented the market from becoming so concentrated? The just-exited ComCom Chairman believes they would
8th Jun 19, 9:31am
5
Would insurers be this risk-adverse had the country's competition watchdog prevented the market from becoming so concentrated? The just-exited ComCom Chairman believes they would
Insurer Tower returns to profit as fewer storms and reduced exposure to risky places see it pay a low $45 in claims for every $100 received in premiums
22nd May 19, 6:50am
2
Insurer Tower returns to profit as fewer storms and reduced exposure to risky places see it pay a low $45 in claims for every $100 received in premiums
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
18
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
Is parametric insurance a potential growth market in the face of climate change?
2nd May 19, 9:01am
1
Is parametric insurance a potential growth market in the face of climate change?
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
3
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
David Chaston on an existential crisis, how to save capitalism from itself, the challenge and what others, including billionaires are saying
26th Apr 19, 10:54am
50
David Chaston on an existential crisis, how to save capitalism from itself, the challenge and what others, including billionaires are saying
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
22
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 
IAG pulls back from providing contents insurance to new customers in Wellington in further move to more risk-based pricing
11th Mar 19, 4:05pm
44
IAG pulls back from providing contents insurance to new customers in Wellington in further move to more risk-based pricing
State and AMI home insurance policyholders in parts of the country deemed risky to receive premium increases of around $91 a year under IAG's new pricing model
23rd Jul 18, 3:01pm
19
State and AMI home insurance policyholders in parts of the country deemed risky to receive premium increases of around $91 a year under IAG's new pricing model
CPI data shows kiwis' grumbles over hefty insurance premium hikes are justified
17th Jul 18, 3:43pm
3
CPI data shows kiwis' grumbles over hefty insurance premium hikes are justified
Henry Lynch on the foreign buyer data debacle, how chatbots are channelling customers, the Australian banking sector, the FIFA’s World Cup strange connection to toilets, and the meaning of life
6th Jul 18, 10:00am
by Guest
13
Henry Lynch on the foreign buyer data debacle, how chatbots are channelling customers, the Australian banking sector, the FIFA’s World Cup strange connection to toilets, and the meaning of life
IAG the first big player in the finance sector to get rid of staff sales targets; Move comes in the wake of law changes in NZ and a royal commission inquiry in Australia
29th Jun 18, 11:42am
3
IAG the first big player in the finance sector to get rid of staff sales targets; Move comes in the wake of law changes in NZ and a royal commission inquiry in Australia
If the Government decides there needs to be more meth residue in a property for it to be considered contaminated, insurers won't have to cover the remediation costs of as many properties as they do now
31st May 18, 1:38pm
2
If the Government decides there needs to be more meth residue in a property for it to be considered contaminated, insurers won't have to cover the remediation costs of as many properties as they do now
Question marks remain over the extent to which further insurance premium hikes flagged for more disaster-prone parts of the country will be offset by decreases in lower risk places
6th Apr 18, 12:37pm
9
Question marks remain over the extent to which further insurance premium hikes flagged for more disaster-prone parts of the country will be offset by decreases in lower risk places
Government to appoint an independent ministerial adviser to help EQC settle claims more quickly
23rd Feb 18, 3:07pm
4
Government to appoint an independent ministerial adviser to help EQC settle claims more quickly