Vero

Vero Insurance says weather-related claims have surged to $186.4 million over the past year, and warns climate change is projected to push up claims costs between 12% to 15% by 2040

Vero Insurance says weather-related claims have surged to $186.4 million over the past year, and warns climate change is projected to push up claims costs between 12% to 15% by 2040

Premium revenue reaches $1 billion mark for AA Insurance for the first time, while net profit drops 15%

Premium revenue reaches $1 billion mark for AA Insurance for the first time, while net profit drops 15%

Insurer Suncorp NZ says it wants checking natural hazard risk to be ‘as routine as researching the school zone’ for house buyers but cautions having good data won't automatically lead to better decision-making

Insurer Suncorp NZ says it wants checking natural hazard risk to be ‘as routine as researching the school zone’ for house buyers but cautions having good data won't automatically lead to better decision-making

Weak commercial market and 'elevated' natural hazard events drives Suncorp NZ’s annual profit down $103 million to $316 million

Weak commercial market and 'elevated' natural hazard events drives Suncorp NZ’s annual profit down $103 million to $316 million

Suncorp New Zealand’s half-year profit soars past full-year 2024 result, but insurance premium growth slows

Suncorp New Zealand’s half-year profit soars past full-year 2024 result, but insurance premium growth slows

Vero owner Suncorp New Zealand reports a 17.3% rise in annual gross written premium to $2.8 billion, as net profit doubles to $230 million

Vero owner Suncorp New Zealand reports a 17.3% rise in annual gross written premium to $2.8 billion, as net profit doubles to $230 million

The availability of EV and hybrid vehicle insurance may have come a long way, but can still cost more than insuring vehicles with internal combustion engines

The availability of EV and hybrid vehicle insurance may have come a long way, but can still cost more than insuring vehicles with internal combustion engines

Suncorp NZ’s CEO says central government needs to lead on climate adaptation because attempts made by private industry will be seen as ‘profit driven’

Suncorp NZ’s CEO says central government needs to lead on climate adaptation because attempts made by private industry will be seen as ‘profit driven’

Vero owner Suncorp New Zealand reports 20% gross written premium increase to $1.4 billion, CEO Jimmy Higgins is 'hopeful' customers won't see same level of premium increases in 2024

Vero owner Suncorp New Zealand reports 20% gross written premium increase to $1.4 billion, CEO Jimmy Higgins is 'hopeful' customers won't see same level of premium increases in 2024

Insurer Vero cops $3.9 million fine for not applying multi-policy discounts to customers

Insurer Vero cops $3.9 million fine for not applying multi-policy discounts to customers

Banks offering cash to borrowers taking out house insurance with, and sometimes without, their home loans

Banks offering cash to borrowers taking out house insurance with, and sometimes without, their home loans

Insurer Suncorp says Auckland customers will need to be realistic about repair timetable

Insurer Suncorp says Auckland customers will need to be realistic about repair timetable

Tower customers can expect premium changes, as the insurer uses more detailed modelling to price flood risk

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

The RBNZ says its first stress testing of general insurers shows how important the international reinsurance market is to New Zealand

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

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