ICNZ
Insurers renew their calls for immediate action on climate change adaptation as the cost of more frequent extreme weather events stack up
25th May 18, 2:59pm
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Insurers renew their calls for immediate action on climate change adaptation as the cost of more frequent extreme weather events stack up
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
Schemes that deal with complaints people make about their financial service providers urge the Government not to go too far in making them report all the misconduct they see to regulators
11th May 18, 5:00am
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Schemes that deal with complaints people make about their financial service providers urge the Government not to go too far in making them report all the misconduct they see to regulators
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
Having forked out $240m for damage caused by extreme weather events in the last year, insurers call for the establishment of a central agency to oversee a plan to adapt to the impacts of climate change; LGNZ on a similar page
7th Mar 18, 1:03pm
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Having forked out $240m for damage caused by extreme weather events in the last year, insurers call for the establishment of a central agency to oversee a plan to adapt to the impacts of climate change; LGNZ on a similar page
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
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
Insurance lawyer takes aim at Insurance Council for shooting down Labour's proposal to form a Canterbury quake tribunal
11th Sep 17, 11:31am
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Insurance lawyer takes aim at Insurance Council for shooting down Labour's proposal to form a Canterbury quake tribunal
How longer term insurance policies could prevent mortgage defaults in the future
31st Jul 17, 12:05pm
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How longer term insurance policies could prevent mortgage defaults in the future
How a light touch approach to regulating insurers doesn't work while companies consider disclosing key financial information a box ticking rather than a consumer protection exercise
5th Jul 17, 5:02am
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How a light touch approach to regulating insurers doesn't work while companies consider disclosing key financial information a box ticking rather than a consumer protection exercise
Government releases standard confirming how much P there needs to be in a property for it to be considered contaminated, and how you need to get rid of it
29th Jun 17, 11:10am
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Government releases standard confirming how much P there needs to be in a property for it to be considered contaminated, and how you need to get rid of it
EQC Act reform to see private insurers receive claims on behalf of EQC; Private insurers urge Government to go all the way and let them assess and settle claims too
26th Jun 17, 3:27pm
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EQC Act reform to see private insurers receive claims on behalf of EQC; Private insurers urge Government to go all the way and let them assess and settle claims too
Commerce and Consumer Affairs Minister Jacqui Dean 'not in a position' to say whether claims handling will be included in big insurance regulation reforms planned for next year
19th Jun 17, 12:02pm
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Commerce and Consumer Affairs Minister Jacqui Dean 'not in a position' to say whether claims handling will be included in big insurance regulation reforms planned for next year
EQC levy to be bumped up 33%; Hike for insured homeowners comes further to 39% fire service levy increase; Decision on EQC Act Review on the way
25th May 17, 3:28pm
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EQC levy to be bumped up 33%; Hike for insured homeowners comes further to 39% fire service levy increase; Decision on EQC Act Review on the way
RBNZ considers whether to: take a more 'graduated approach' in monitoring insurers' solvency, make insurers disclose as much information as banks, and require all insurers that operate in NZ to be locally incorporated
3rd Apr 17, 5:02am
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RBNZ considers whether to: take a more 'graduated approach' in monitoring insurers' solvency, make insurers disclose as much information as banks, and require all insurers that operate in NZ to be locally incorporated
Insurance Council says the Government consulting on how to levy insurance to fund new fire and emergency service shows how complicated and costly the regime is
16th Mar 17, 9:06am
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Insurance Council says the Government consulting on how to levy insurance to fund new fire and emergency service shows how complicated and costly the regime is
Youi's boss to take up new role as CEO of OUTsurance - a South African insurer with the same parent as Youi
24th Feb 17, 10:07am
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Youi's boss to take up new role as CEO of OUTsurance - a South African insurer with the same parent as Youi
Tower Chairman says the company would have a higher sale price if the EQC system wasn't 'broken'; Government says the law has nothing to do with the risk the insurer takes on
13th Feb 17, 12:19pm
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Tower Chairman says the company would have a higher sale price if the EQC system wasn't 'broken'; Government says the law has nothing to do with the risk the insurer takes on
Insurer Youi cops $320,000 fine for widespread Fair Trading Act breaches; Side-steps fine of up to $9 million
15th Dec 16, 3:37pm
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Insurer Youi cops $320,000 fine for widespread Fair Trading Act breaches; Side-steps fine of up to $9 million
Agreement reached to see private insurers receive, assess and settle Kaikoura quake claims on behalf of EQC
13th Dec 16, 2:40pm
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Agreement reached to see private insurers receive, assess and settle Kaikoura quake claims on behalf of EQC
Banks don't know how vulnerable they are to underinsurance; Insurers don’t see major underinsurance risks post-Kaikoura
3rd Dec 16, 5:02am
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Banks don't know how vulnerable they are to underinsurance; Insurers don’t see major underinsurance risks post-Kaikoura
IAG's chief risk officer believes Wellingtonians will soon stop being subsidised by insurance policyholders in other parts of the country for living in a quake hotspot
2nd Dec 16, 12:02pm
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IAG's chief risk officer believes Wellingtonians will soon stop being subsidised by insurance policyholders in other parts of the country for living in a quake hotspot
Youi says it's part of its 'business practice' to keep writing new insurance policies in most cases in disaster struck areas, even if its competitors don't
30th Nov 16, 10:50am
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Youi says it's part of its 'business practice' to keep writing new insurance policies in most cases in disaster struck areas, even if its competitors don't
Insurance Council calls for law change to oblige authorities to check businesses' air con units, lights, sprinklers, etc will be secure in an earthquake; Attributes up to 70% of commercial building damage to seismic restraint failures
23rd Nov 16, 2:29pm
Insurance Council calls for law change to oblige authorities to check businesses' air con units, lights, sprinklers, etc will be secure in an earthquake; Attributes up to 70% of commercial building damage to seismic restraint failures