Insurance

2018's top stories

30 Dec 18, 7:02am

David Chaston

9 comments

We look back on a big, successful year and reveal our most popular stories; announce new features coming 2019
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RBNZ to study climate change impact on NZ house prices

13 Dec 18, 11:13am

David Hargreaves

31 comments

The Reserve Bank has released its climate change strategy, which will include studying the extent to which climate change is factored into the country's current house prices
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Robertson downplays, Adams amplifies RBNZ's plea for more staff

13 Dec 18, 10:00am

Jenée Tibshraeny

3 comments

Robertson quiet on whether something's wrong when the RBNZ pays the Government a $430m dividend but can't afford to hire 15 new staff
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Insurers' air travel warning

12 Dec 18, 1:41pm

David Hargreaves

6 comments

Insurance Council of New Zealand cautions those who might be affected by Air New Zealand pre-Christmas strike disruption that their travel insurance might not cover them for financial costs
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Govt backs off on ACC motor vehicle levy hikes

10 Dec 18, 4:00pm

Jenée Tibshraeny

27 comments

Government vetoes ACC's proposed motor vehicle levy hike and reduces work levies. It also scraps the vehicle risk rating programme
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The financial sector’s climate imperative

8 Dec 18, 9:30am

Guest

10 comments

Before the next financial crisis erupts, preparing to respond merits a more holistic approach – one that accounts for the serious and escalating threats posed by climate change
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First Credit Union steps into credit union insurance void

5 Dec 18, 9:35am

Gareth Vaughan

First Credit Union's First Insurance to offer insurance via other NZ credit unions after Co-op Money sells its insurance operations
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Orr has spoken. Climate change is real and hitting our back pockets

1 Dec 18, 10:16am

Jenée Tibshraeny

39 comments

Jenée Tibshraeny on why you should spend more time talking to insurers before buying a property
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Ten key charts and tables from the RBNZ's Financial Stability Report

29 Nov 18, 12:00pm

Gareth Vaughan

27 comments

A 325% debt-to-disposable income ratio, household debt growing at a more sustainable rate, horticulture lending being monitored, eye watering life insurance commissions & more from the RBNZ's FSR
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Insurers likely to have more dirty laundry than banks

28 Nov 18, 4:55pm

Jenée Tibshraeny

2 comments

RBNZ flags astronomical life insurance commissions as it indicates its conduct and culture review on the industry will be more scathing than the one it did on banks; However the sharpness of regulators' teeth remain in question
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Greenhouse gas levels in atmosphere reach new record

24 Nov 18, 9:16am

admin

34 comments

The World Meteorological Organisation says the warming effect of long-lived greenhouse gasses has increased by 41% since 1990
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Cigna on track to become first insurer to offer robo-advice

22 Nov 18, 2:49pm

Jenée Tibshraeny

Cigna follows Kiwi Wealth and Nikko Asset Management in getting FMA clearance to provide digital personalised advice
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RBNZ plans talks with banks and insurers about climate change strategy

13 Nov 18, 12:43pm

Gareth Vaughan

2 comments

Reserve Bank climate change strategy to focus on both its own activities and its regulatory oversight of financial stability
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Inquiry to focus on the handling of insurance claims by EQC

13 Nov 18, 10:46am

Gareth Vaughan

6 comments

Ex-Governor-General and High Court Judge Silvia Cartwright to lead public inquiry with 'all the powers of a Royal Commission' into the Earthquake Commission
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Should the Reserve Bank's policy objective be changed?

13 Nov 18, 5:00am

Gareth Vaughan

5 comments

Review considers change to existing RBNZ sound & efficient financial system policy objective with competition, consumer protection & public confidence also in the mix
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CBL Insurance put in liquidation

12 Nov 18, 2:15pm

Jenée Tibshraeny

6 comments

CBL Insurance to be wound up as creditors back RBNZ's liquidation push over directors' rescue remedy; RBNZ commissions inquiry into its handling of CBL Insurance
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The NZ financial system by the numbers

12 Nov 18, 11:58am

Gareth Vaughan

14 comments

RBNZ Act review consultation paper details the local banking system by the numbers, highlighting the dominance of the Aussie owned banks
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Depositor protection looms large

2 Nov 18, 11:08am

David Hargreaves

69 comments

Consultation document for next stage of Reserve Bank Act review gives clear signals that some form of formal protection for bank depositors is likely to be introduced
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How to mobilise private capital for climate action

27 Oct 18, 11:13am

Guest

6 comments

Havard Halland and Justin Yifu Lin argue that multilateral finance institutions need to operate more like private investment organisations if they are to be effective in raising the long-term capital needed
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AMP to sell life insurance business

25 Oct 18, 11:10am

Jenée Tibshraeny

7 comments

AMP agrees to sell NZ and Aust life insurance businesses for A$3.3 billion; Plans to float its NZ wealth management (including KiwiSaver) and advice business on the share market
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