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IAG NZ boss Phil Gibson says 'roughly a third' of customers received premium reductions during the June year

IAG NZ boss Phil Gibson says 'roughly a third' of customers received premium reductions during the June year

Quashed data shows price difference between lowest and highest quotes for same type of cover across insurance providers has ‘widened significantly’ with risk-based pricing raised as a likely reason why

Quashed data shows price difference between lowest and highest quotes for same type of cover across insurance providers has ‘widened significantly’ with risk-based pricing raised as a likely reason why

Natural Hazards Commission received nearly 13,000 claims for damage from landslides in the last five years - 10,000 more than the previous five years

Natural Hazards Commission received nearly 13,000 claims for damage from landslides in the last five years - 10,000 more than the previous five years

Reserve Bank says it wants banks to have a much broader sense of insurance coverage across their loan portfolio as emerging insurance pressures ‘indicate financial stability risks may increase’

Reserve Bank says it wants banks to have a much broader sense of insurance coverage across their loan portfolio as emerging insurance pressures ‘indicate financial stability risks may increase’

Financial stability and insurance: 'Concerns over affordability, climate change, and dependence on global reinsurance mean the situation could change quickly and warrants monitoring,' the Reserve Bank says

Financial stability and insurance: 'Concerns over affordability, climate change, and dependence on global reinsurance mean the situation could change quickly and warrants monitoring,' the Reserve Bank says

Quashed data shows people over 50 are experiencing the highest increase in insurance premiums, with auto-renewing raised as a likely reason why

Quashed data shows people over 50 are experiencing the highest increase in insurance premiums, with auto-renewing raised as a likely reason why

Natural Hazards Commission receives 824 claims for severe weather events in January and February, with about 60% of claims for landslide damage

Natural Hazards Commission receives 824 claims for severe weather events in January and February, with about 60% of claims for landslide damage

Natural Hazards Commission lays out its long-term investment plans for the Natural Hazards Fund, which has around $670 million

Natural Hazards Commission lays out its long-term investment plans for the Natural Hazards Fund, which has around $670 million

Outgoing Tower chairman Michael Stiassny says NZ has had ‘multiple wake up calls’ and while some progress has been made to address the impacts of extreme weather events, ‘it has been haphazard, inadequate and painfully slow'

Outgoing Tower chairman Michael Stiassny says NZ has had ‘multiple wake up calls’ and while some progress has been made to address the impacts of extreme weather events, ‘it has been haphazard, inadequate and painfully slow'

Consumer NZ says it expects insurance retreat to impact more areas around New Zealand because of increased flooding, landslides and sea surges

Consumer NZ says it expects insurance retreat to impact more areas around New Zealand because of increased flooding, landslides and sea surges

Insurance affordability and the financial settings are a 'downstream symptom' of increasing risk, Natural Hazards Commission chief executive says, as Southern Response continues to expect new claims

Insurance affordability and the financial settings are a 'downstream symptom' of increasing risk, Natural Hazards Commission chief executive says, as Southern Response continues to expect new claims

Quashed data shows people who auto-renew insurance pay more than those who switch as government launches probe into insurance affordability

Quashed data shows people who auto-renew insurance pay more than those who switch as government launches probe into insurance affordability

Commerce and Consumer Affairs Minister Scott Simpson says the Government will 'consider necessary initiatives' as premiums continue to grow, raising concerns about insurance affordability and accessibility

Commerce and Consumer Affairs Minister Scott Simpson says the Government will 'consider necessary initiatives' as premiums continue to grow, raising concerns about insurance affordability and accessibility

Patrick Watson points out the housing market is the US economy’s thousand-pound gorilla. Bad things happen when it gets angry

Patrick Watson points out the housing market is the US economy’s thousand-pound gorilla. Bad things happen when it gets angry

Increases in households' insurance costs at moderate levels in September quarter, Quashed data shows

Increases in households' insurance costs at moderate levels in September quarter, Quashed data shows