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ICNZ

NZIER says barriers to climate adaptation investment need to be addressed while resilience investment needs to be incentivised
30th Jan 24, 1:31pm
4
NZIER says barriers to climate adaptation investment need to be addressed while resilience investment needs to be incentivised
Insurer Tower says it faced significant challenges this financial year, but its underlying result 'demonstrates resilience and strategic delivery' that positions the company well for long-term sustainable growth and performance
23rd Nov 23, 11:00am
5
Insurer Tower says it faced significant challenges this financial year, but its underlying result 'demonstrates resilience and strategic delivery' that positions the company well for long-term sustainable growth and performance
Insurer Tower says inflation, motor crime and supply chain issues continued to worsen over the third quarter of its financial year to September
19th Jul 23, 10:11am
10
Insurer Tower says inflation, motor crime and supply chain issues continued to worsen over the third quarter of its financial year to September
The total cost of buying flood risk homes could be $1 billion but critical details still awaited
1st Jun 23, 5:23pm
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The total cost of buying flood risk homes could be $1 billion but critical details still awaited
Tower says the Auckland Anniversary Weekend flood may now cost as much as $225 million, while it says it won't be paying a half-year dividend to shareholders
8th May 23, 10:23am
4
Tower says the Auckland Anniversary Weekend flood may now cost as much as $225 million, while it says it won't be paying a half-year dividend to shareholders
After banking, insurance? Treasury emails hint at potential of Commerce Commission market study
8th May 23, 5:00am
21
After banking, insurance? Treasury emails hint at potential of Commerce Commission market study
NZ inflation 0.4% higher as a result of North Island weather events: Treasury estimate
27th Apr 23, 4:09pm
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NZ inflation 0.4% higher as a result of North Island weather events: Treasury estimate
[updated]
More than half the value of $890m worth of Cyclone Gabrielle insurance claims to date come from Hawke's Bay
23rd Mar 23, 10:08am
1
More than half the value of $890m worth of Cyclone Gabrielle insurance claims to date come from Hawke's Bay
Government launches New Zealand Claims Resolution Service with insurers' support to help those hard hit by recent storms
19th Feb 23, 9:03pm
1
Government launches New Zealand Claims Resolution Service with insurers' support to help those hard hit by recent storms
[updated]
The Auckland deluge is a very significant event which will result in a lot of claims, says the Insurance Council. It has advice when dealing with floods and storms. Westpac and ASB also announce relief for affected customers
28th Jan 23, 9:00am
by admin
16
The Auckland deluge is a very significant event which will result in a lot of claims, says the Insurance Council. It has advice when dealing with floods and storms. Westpac and ASB also announce relief for affected customers
The Insurance Council advises how and when you can claim for the cost of lost or delayed travel luggage. The re-opened skies have brought an enormous increase in claims they say
14th Jan 23, 10:07am
by admin
4
The Insurance Council advises how and when you can claim for the cost of lost or delayed travel luggage. The re-opened skies have brought an enormous increase in claims they say
[updated]
Tower CEO Blair Turnbull says reinsurers are questioning their down under exposure, he sees a risk of uninsurable areas in the future
14th Jul 22, 10:37am
26
Tower CEO Blair Turnbull says reinsurers are questioning their down under exposure, he sees a risk of uninsurable areas in the future
More movement across borders from the end of the month also means potential for more Covid-inflicted travel showstoppers
23rd Feb 22, 2:03pm
by Toby Allen
2
More movement across borders from the end of the month also means potential for more Covid-inflicted travel showstoppers
Travel agents and insurance industry prepare for take-off despite lingering uncertainty around Covid re-opening plan
13th Oct 21, 4:54pm
by Toby Allen
10
Travel agents and insurance industry prepare for take-off despite lingering uncertainty around Covid re-opening plan
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
21
A closer look at the Government's decision to transfer risk from private insurers to the state natural disaster insurer, EQC
The wait for a trans-Tasman bubble continues, as the PM announces a commencement date will be unveiled on April 6
22nd Mar 21, 6:13pm
31
The wait for a trans-Tasman bubble continues, as the PM announces a commencement date will be unveiled on April 6
Insurance Council warns owners of units in complexes without body corps could struggle to get cover or face uphill battles when making claims
27th Jan 21, 3:33pm
13
Insurance Council warns owners of units in complexes without body corps could struggle to get cover or face uphill battles when making claims
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
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
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Private insurers finally get their way, as EQC enables them to handle claims on its behalf; Public Inquiry was inconclusive on the matter
RBNZ says it's 'imprudent' for insurers to pay dividends at the moment; Announces major insurance capital review to resume in October
14th Sep 20, 5:44pm
5
RBNZ says it's 'imprudent' for insurers to pay dividends at the moment; Announces major insurance capital review to resume in October
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
64
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
22
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'
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
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Insurance company IAG's plans to open a trial vehicle repair facility in South Auckland creates concerns about potential anti-competitive behaviour