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Vero

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
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 
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
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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
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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
CPI data shows kiwis' grumbles over hefty insurance premium hikes are justified
17th Jul 18, 3:43pm
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CPI data shows kiwis' grumbles over hefty insurance premium hikes are justified
Vero stops offering excess-free windscreen replacement cover in bid to counter soaring motor claims costs
20th Jun 18, 2:20pm
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Vero stops offering excess-free windscreen replacement cover in bid to counter soaring motor claims costs
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
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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
ANZ and IBM release proof of concept for blockchain product aimed at reducing the to-ing and fro-ing between insurers and brokers; Suncorp involved in testing technology
30th Apr 18, 9:33am
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ANZ and IBM release proof of concept for blockchain product aimed at reducing the to-ing and fro-ing between insurers and brokers; Suncorp involved in testing technology
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
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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
Commerce Commission decision sees Vero sell its Tower shares to Bain Capital Credit for less than it bought them for
8th Mar 18, 12:38pm
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Commerce Commission decision sees Vero sell its Tower shares to Bain Capital Credit for less than it bought them for
Jenée Tibshraeny looks at where Tower's at - three months after completing a capital raise and nearly a year after taking out a $30m bank loan to boost its solvency 
5th Mar 18, 7:04am
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Jenée Tibshraeny looks at where Tower's at - three months after completing a capital raise and nearly a year after taking out a $30m bank loan to boost its solvency 
Tower's falling share price sees Suncorp's half-year investment income take a $12m hit; Suncorp 'expects to address' its near 20% shareholding in Tower this year
15th Feb 18, 5:02pm
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Tower's falling share price sees Suncorp's half-year investment income take a $12m hit; Suncorp 'expects to address' its near 20% shareholding in Tower this year
Insuring your car with one insurer over another could cost you twice as much. But would this see you get more bang for your buck? Jenée Tibshraeny investigates  
9th Feb 18, 6:02am
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Insuring your car with one insurer over another could cost you twice as much. But would this see you get more bang for your buck? Jenée Tibshraeny investigates  
Interest.co.nz got a bunch of car insurance quotes in January 2016. We then got quotes for the same profiles in January this year. Here's what happened to premiums 
8th Feb 18, 9:33am
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Interest.co.nz got a bunch of car insurance quotes in January 2016. We then got quotes for the same profiles in January this year. Here's what happened to premiums 
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
The insurance market may be consolidating, but the RBNZ says it's still attractive to overseas companies. We consider who's showing interest and look at what the new entrants to the market are up to
30th Nov 17, 3:48pm
The insurance market may be consolidating, but the RBNZ says it's still attractive to overseas companies. We consider who's showing interest and look at what the new entrants to the market are up to
Tower's share price drops to record low of 64c as it unveils discounted share offer to address 'inherent uncertainty' via a $70m capital raise; Insurer reduces its annual loss to $8m
14th Nov 17, 9:58am
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Tower's share price drops to record low of 64c as it unveils discounted share offer to address 'inherent uncertainty' via a $70m capital raise; Insurer reduces its annual loss to $8m
Vero walks away from appeal of Commerce Commission decision to block Tower takeover as it sees 'significant litigation risk' and the deal outlining the proposed acquisition expires
7th Nov 17, 12:06pm
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Vero walks away from appeal of Commerce Commission decision to block Tower takeover as it sees 'significant litigation risk' and the deal outlining the proposed acquisition expires
Tower supports Vero as it challenges the Commerce Commission's decision to prevent the insurers from merging; Tower to push on with plans to raise capital
23rd Aug 17, 9:14am
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Tower supports Vero as it challenges the Commerce Commission's decision to prevent the insurers from merging; Tower to push on with plans to raise capital
A.M. Best warns Tower's credit rating could be downgraded if it doesn't improve its capital position
17th Aug 17, 1:27pm
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A.M. Best warns Tower's credit rating could be downgraded if it doesn't improve its capital position
What the Commerce Commission's ruling on the Vero/Tower merger reveals about the state of New Zealand's insurance oligopoly more broadly
8th Aug 17, 1:44pm
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What the Commerce Commission's ruling on the Vero/Tower merger reveals about the state of New Zealand's insurance oligopoly more broadly
Expensive car repair, building and Kaikoura quake costs prompt Suncorp to flag premium increases in its annual results 
4th Aug 17, 3:14pm
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Expensive car repair, building and Kaikoura quake costs prompt Suncorp to flag premium increases in its annual results 
Jenée Tibshraeny looks at reports from Forsyth Barr and Macquarie analysts to consider what the future holds for Tower in the absence of a takeover by Vero
2nd Aug 17, 1:46pm
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Jenée Tibshraeny looks at reports from Forsyth Barr and Macquarie analysts to consider what the future holds for Tower in the absence of a takeover by Vero
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
The Commerce Commission said yes to IAG, but no to Vero - Jenée Tibshraney asks its chairman why
26th Jul 17, 4:06pm
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The Commerce Commission said yes to IAG, but no to Vero - Jenée Tibshraney asks its chairman why