sign up log in
Want to go ad-free? Find out how, here.

Canterbury earthquakes

Tower shares in trading halt ahead of 'announcement'; Reports the insurer has received a take-private proposal from Fairfax Financial Holdings
9th Feb 17, 11:26am
8
Tower shares in trading halt ahead of 'announcement'; Reports the insurer has received a take-private proposal from Fairfax Financial Holdings
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
6th Feb 17, 7:37am
13
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
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
28th Jan 17, 8:21am
4
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
IAG and Tower demand EQC coughs up the cash, having allegedly short-changed thousands of Canterbury quake claimants with land damage
26th Jan 17, 1:32pm
9
IAG and Tower demand EQC coughs up the cash, having allegedly short-changed thousands of Canterbury quake claimants with land damage
EQC responds to accusations it blacklisted a vulnerable quake victim after wrongly accusing her of lying to get a free heat pump
25th Jan 17, 10:10am
9
EQC responds to accusations it blacklisted a vulnerable quake victim after wrongly accusing her of lying to get a free heat pump
Insurers expected to cover 60% of Kaikoura quake losses; climate change expected to keep escalating risk of natural disasters
24th Jan 17, 4:16pm
1
Insurers expected to cover 60% of Kaikoura quake losses; climate change expected to keep escalating risk of natural disasters
EQC's 'unaccountable actions' see Christchurch woman 'wrongly' accused of fraud and left uninsurable, says Andrew Hooker
11th Jan 17, 4:29pm
30
EQC's 'unaccountable actions' see Christchurch woman 'wrongly' accused of fraud and left uninsurable, says Andrew Hooker
Agreement reached to see private insurers receive, assess and settle Kaikoura quake claims on behalf of EQC
13th Dec 16, 2:40pm
2
Agreement reached to see private insurers receive, assess and settle Kaikoura quake claims on behalf of EQC
Judge orders Tower to pay quake claimant more than 4 times settlement offer; Finds insurer guilty of withholding information
12th Dec 16, 10:00am
21
Judge orders Tower to pay quake claimant more than 4 times settlement offer; Finds insurer guilty of withholding information
Supreme Court backs Vero in landmark property damage case; Rules you can't reopen an insurance claim once it has been settled
6th Dec 16, 3:05pm
2
Supreme Court backs Vero in landmark property damage case; Rules you can't reopen an insurance claim once it has been settled
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'
6th Dec 16, 10:02am
15
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'
Insurance lawyer bites back at Tower chairman for slagging the litigation industry, he claims 'sprung up to agitate disenfranchised customers to demand not just fair resolution, but a windfall'
6th Dec 16, 5:02am
14
Insurance lawyer bites back at Tower chairman for slagging the litigation industry, he claims 'sprung up to agitate disenfranchised customers to demand not just fair resolution, but a windfall'
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
39
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
Tower announces plan to ring fence troublesome quake claims; says industry model is 'broken'; widens loss to $21.5 million; share price at record low
29th Nov 16, 9:51am
47
Tower announces plan to ring fence troublesome quake claims; says industry model is 'broken'; widens loss to $21.5 million; share price at record low
Tower confident it has enough reinsurance so the North Canterbury quakes won't set it back more than $7.2m; Share price falls as its investors wary 2010/11 quake hangover remains
15th Nov 16, 12:51pm
5
Tower confident it has enough reinsurance so the North Canterbury quakes won't set it back more than $7.2m; Share price falls as its investors wary 2010/11 quake hangover remains
IAG NZ buys $900 million of extra reinsurance as its Canterbury earthquake bill keeps growing
3rd Nov 16, 8:31am
11
IAG NZ buys $900 million of extra reinsurance as its Canterbury earthquake bill keeps growing
NZ economy vulnerable to risk of reinsurers charging insurers a premium for uncertainty caused by delayed EQC Act review
31st Oct 16, 9:08am
2
NZ economy vulnerable to risk of reinsurers charging insurers a premium for uncertainty caused by delayed EQC Act review
QC urges High Court judge to put an end to insurers’ 'tactics of delay and dissembling facts' to force their clients to accept lower payouts
19th Oct 16, 10:29am
39
QC urges High Court judge to put an end to insurers’ 'tactics of delay and dissembling facts' to force their clients to accept lower payouts
Tower upsets a reinsurer by allegedly catching it 'off-guard' in its haste to secure desperately needed cash
14th Sep 16, 11:47am
5
Tower upsets a reinsurer by allegedly catching it 'off-guard' in its haste to secure desperately needed cash
Cameron Preston weighs up how the government, insurance companies and homeowners have fared in the Canterbury rebuild boxing ring
12th Sep 16, 5:02am
by Guest
2
Cameron Preston weighs up how the government, insurance companies and homeowners have fared in the Canterbury rebuild boxing ring
Tower braces for $16.2m drop in net profit as Deloitte tells it to hike its Canterbury quake provisions due to it spending more on litigation and over-cap EQC claims; Share price hits 12-year low
8th Sep 16, 11:51am
7
Tower braces for $16.2m drop in net profit as Deloitte tells it to hike its Canterbury quake provisions due to it spending more on litigation and over-cap EQC claims; Share price hits 12-year low
How the Canterbury earthquakes have seen our largest general insurer reduce its tax bill in NZ through its company in tax-friendly Singapore
7th Sep 16, 9:02am
4
How the Canterbury earthquakes have seen our largest general insurer reduce its tax bill in NZ through its company in tax-friendly Singapore
Christchurch architect takes Tower to court over offer to winch four-storey earthquake-damaged house uphill, rather than pay $2m to rebuild it
1st Sep 16, 7:47am
6
Christchurch architect takes Tower to court over offer to winch four-storey earthquake-damaged house uphill, rather than pay $2m to rebuild it
Insurers deny Labour Party claims a scrapped Government guide on cash settlements would have helped Cantabs get higher settlements ​
26th Aug 16, 5:05am
7
Insurers deny Labour Party claims a scrapped Government guide on cash settlements would have helped Cantabs get higher settlements ​
Suncorp still has reinsurance available to cover its February 2011 Canterbury earthquake costs, unlike its competitors
5th Aug 16, 3:29pm
6
Suncorp still has reinsurance available to cover its February 2011 Canterbury earthquake costs, unlike its competitors