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general insurance

IAG NZ self reporting to FMA results in civil court case alleging breaches of the Financial Markets Conduct Act
4th Apr 25, 12:14pm
IAG NZ self reporting to FMA results in civil court case alleging breaches of the Financial Markets Conduct Act
Forsyth Barr analysts estimate Tower will report an underlying half-year net profit of close to $60 million thanks to mild weather, while the insurer’s largest shareholder Bain Capital sells stake for $89 million
3rd Apr 25, 4:15pm
Forsyth Barr analysts estimate Tower will report an underlying half-year net profit of close to $60 million thanks to mild weather, while the insurer’s largest shareholder Bain Capital sells stake for $89 million
Global natural disasters cost insurers billions in 2024 but New Zealand stayed relatively unscathed
1st Apr 25, 2:35pm
3
Global natural disasters cost insurers billions in 2024 but New Zealand stayed relatively unscathed
Insurance premiums rise nationwide with Wellingtonians and Cantabrians paying up for general insurance & Aucklanders for car insurance
10th Feb 25, 4:33pm
7
Insurance premiums rise nationwide with Wellingtonians and Cantabrians paying up for general insurance & Aucklanders for car insurance
Quashed data shows strong annual insurance premium rises, with differences between major cities and age groups
2nd Nov 24, 9:04am
4
Quashed data shows strong annual insurance premium rises, with differences between major cities and age groups
General insurer Tower concludes ownership review with no proposed changes on the chopping block and says the RBNZ has cut the insurer’s solvency margin from $15 million to $0
9th Sep 24, 11:55am
1
General insurer Tower concludes ownership review with no proposed changes on the chopping block and says the RBNZ has cut the insurer’s solvency margin from $15 million to $0
Tower Insurance readies its next risk-based pricing tool as CEO says he loves being the insurance underdog competing with bigger Aussie-owned rivals
29th May 24, 5:00am
7
Tower Insurance readies its next risk-based pricing tool as CEO says he loves being the insurance underdog competing with bigger Aussie-owned rivals
Insurance comparison portal Quashed sees 300% increase in signups in first quarter of the year as thousands seek out insurance cost savings
25th May 24, 9:30am
14
Insurance comparison portal Quashed sees 300% increase in signups in first quarter of the year as thousands seek out insurance cost savings
Investment losses push insurers' profit down despite increase in gross earned premiums
30th Mar 23, 7:50am
3
Investment losses push insurers' profit down despite increase in gross earned premiums
FMA review prompts insurers to refund customers they over-charged and remove shonky products from the market; Poor performers unnamed and not prosecuted
22nd Jul 21, 5:00am
30
FMA review prompts insurers to refund customers they over-charged and remove shonky products from the market; Poor performers unnamed and not prosecuted
RBNZ confirms it'll consider requiring insurers to hold more capital: Macquarie analysts expect life insurers to be hardest hit and warn stricter rules could scare companies off NZ
10th Jun 19, 12:57pm
5
RBNZ confirms it'll consider requiring insurers to hold more capital: Macquarie analysts expect life insurers to be hardest hit and warn stricter rules could scare companies off NZ
Insurer Tower returns to profit as fewer storms and reduced exposure to risky places see it pay a low $45 in claims for every $100 received in premiums
22nd May 19, 6:50am
2
Insurer Tower returns to profit as fewer storms and reduced exposure to risky places see it pay a low $45 in claims for every $100 received in premiums
A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
6th May 19, 4:44pm
2
A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
David Hargreaves argues that the Government must take a more realistic approach than currently intended in its initiatives on financial conduct
1st May 19, 3:04pm
4
David Hargreaves argues that the Government must take a more realistic approach than currently intended in its initiatives on financial conduct
Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
27th Apr 19, 10:30am
13
Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered