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ICNZ

Travel agents and insurance industry prepare for take-off despite lingering uncertainty around Covid re-opening plan
13th Oct 21, 4:54pm
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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
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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
26
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
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 
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
Government's proposed conduct licensing regime for financial service providers will make them accountable for sales to consumers by contracted intermediaries & ban target-based sales incentives
25th Sep 19, 12:30pm
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Government's proposed conduct licensing regime for financial service providers will make them accountable for sales to consumers by contracted intermediaries & ban target-based sales incentives
Insurance Council of New Zealand sets out to 'educate the public' about insurance fraud through new Insurance Fraud Bureau as its members strive to reduce insurance fraud
3rd Sep 19, 1:37pm
3
Insurance Council of New Zealand sets out to 'educate the public' about insurance fraud through new Insurance Fraud Bureau as its members strive to reduce insurance fraud
As mortgage interest rates fall, home & contents insurance premiums are rising, and fast, undermining the benefits of low interest rates. We investigate where that insurance premium goes and how it has changed
26th Aug 19, 4:45pm
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As mortgage interest rates fall, home & contents insurance premiums are rising, and fast, undermining the benefits of low interest rates. We investigate where that insurance premium goes and how it has changed
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
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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 
RBNZ confirms it'll consider requiring insurers to hold more capital: Macquarie analysts expect life insurers to be hardest hit and warn stricter rules could scare companies off NZ
10th Jun 19, 12:57pm
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RBNZ confirms it'll consider requiring insurers to hold more capital: Macquarie analysts expect life insurers to be hardest hit and warn stricter rules could scare companies off NZ
Global insurer Allianz to stop writing commercial property, motor and liability insurance in NZ; Insurance Council characterises retreat as 'sufficiently large to be disappointing'
28th May 19, 4:51pm
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Global insurer Allianz to stop writing commercial property, motor and liability insurance in NZ; Insurance Council characterises retreat as 'sufficiently large to be disappointing'
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
What people are saying about the Government's announced targets on reducing emissions to limit global warming
8th May 19, 12:09pm
by admin
3
What people are saying about the Government's announced targets on reducing emissions to limit global warming
Government considers capping councils' liability for covering costs of shonky building work; MBIE hesitant, builders supportive, insurers want risks mitigated
26th Apr 19, 1:24pm
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Government considers capping councils' liability for covering costs of shonky building work; MBIE hesitant, builders supportive, insurers want risks mitigated
The cost of building industry guarantees and insurance could hit homeowners in the pocket, according to the Insurance Council of New Zealand
25th Apr 19, 8:00am
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The cost of building industry guarantees and insurance could hit homeowners in the pocket, according to the Insurance Council of New Zealand
Insurers happy as Government considers different ways of funding Fire and Emergency NZ that don't involve a levy being added to insurance premiums
15th Mar 19, 2:31pm
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Insurers happy as Government considers different ways of funding Fire and Emergency NZ that don't involve a levy being added to insurance premiums
Insurance Council of New Zealand cautions those who might be affected by Air New Zealand pre-Christmas strike disruption that their travel insurance might not cover them for financial costs
12th Dec 18, 1:41pm
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Insurance Council of New Zealand cautions those who might be affected by Air New Zealand pre-Christmas strike disruption that their travel insurance might not cover them for financial costs
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