Canterbury earthquakes

13 Sep 17, 7:31am
With a strong economy, modest insurance premium increases, and the EQC Act review set to benefit insurers, S&P says quakes and cyclones aren't deterring reinsurers from the NZ market
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2 Aug 17, 1:46pm
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
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13 Jun 17, 2:29pm
Andrew Hooker retells a horror story of how new Christchurch homeowners were left $200k out of pocket due to EQC errors made after the 2010/11 earthquakes & argues for a commission of enquiry
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31 May 17, 1:53pm
RBNZ notes insurers are lowering their solvency margins, with some leaning more heavily on their shareholders in times of crisis
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24 May 17, 2:53pm
Tower gets $30 million cash advance from BNZ as quake costs see it only $5 million away from breaching the RBNZ solvency requirements
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30 Mar 17, 3:53pm
Michael Stiassny says bidders eyeing a Tower takeover will need to pay at least $1.40 per share; Says the Board's considering a capital raising
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23 Feb 17, 7:40am
IAG commits to employing 'targeted rates increases' in the wake of the Kaikoura quakes; Says it has been hiking motor insurance premiums throughout the country as more car owners are making claims
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18 Feb 17, 7:30am
Cameron Preston crunches the numbers to explore whether it is Tower or NZ's insurance system that is 'broken'
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13 Feb 17, 12:19pm
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
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9 Feb 17, 11:26am
Tower shares in trading halt ahead of 'announcement'; Reports the insurer has received a take-private proposal from Fairfax Financial Holdings
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6 Feb 17, 7:37am
A court document reveals Tower has $6 million at stake in its legal battle with EQC over land damage; Question marks remain over why there are still $51 million of EQC recoveries in dispute
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28 Jan 17, 8:21am
How EQC has avoided being stung by rising land values; Cameron Preston has the back story to the legal action IAG and Tower have launched against EQC
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26 Jan 17, 1:32pm
IAG and Tower demand EQC coughs up the cash, having allegedly short-changed thousands of Canterbury quake claimants with land damage
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25 Jan 17, 10:10am
EQC responds to accusations it blacklisted a vulnerable quake victim after wrongly accusing her of lying to get a free heat pump
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24 Jan 17, 4:16pm
Insurers expected to cover 60% of Kaikoura quake losses; climate change expected to keep escalating risk of natural disasters
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11 Jan 17, 4:29pm
EQC's 'unaccountable actions' see Christchurch woman 'wrongly' accused of fraud and left uninsurable, says Andrew Hooker
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13 Dec 16, 2:40pm
Agreement reached to see private insurers receive, assess and settle Kaikoura quake claims on behalf of EQC
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12 Dec 16, 10:00am
Judge orders Tower to pay quake claimant more than 4 times settlement offer; Finds insurer guilty of withholding information
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6 Dec 16, 3:05pm
Supreme Court backs Vero in landmark property damage case; Rules you can't reopen an insurance claim once it has been settled
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6 Dec 16, 10:02am
Government confirms it has not been approached by Tower as the insurer seeks capital to ring-fence its quake-related business; Forsyth Barr expects Tower to sell 'RunOff Co'
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