[Updated]
29th Jul 21, 12:11pm
Financial Markets Authority says life insurer AIA has admitted making false and/or misleading representations to customers and faces a paying a penalty of $700,000
[Updated]
Financial Markets Authority says life insurer AIA has admitted making false and/or misleading representations to customers and faces a paying a penalty of $700,000
[Updated]
22nd Jul 21, 5:00am
FMA review prompts insurers to refund customers they over-charged and remove shonky products from the market; Poor performers unnamed and not prosecuted
[Updated]
FMA review prompts insurers to refund customers they over-charged and remove shonky products from the market; Poor performers unnamed and not prosecuted
26th May 21, 9:40am
Tower upbeat despite fall in half-year profit and reduced annual profit guidance
Tower upbeat despite fall in half-year profit and reduced annual profit guidance
24th May 21, 4:41pm
Morgan Stanley report shines a light on IAG and Suncorp's dominance of New Zealand's general insurance market
Morgan Stanley report shines a light on IAG and Suncorp's dominance of New Zealand's general insurance market
27th Apr 21, 5:00am
Gareth Vaughan delves into the detail of sweeping new powers proposed for the Reserve Bank, and explains why the Government wants to move regulation of deposit takers in this direction
Gareth Vaughan delves into the detail of sweeping new powers proposed for the Reserve Bank, and explains why the Government wants to move regulation of deposit takers in this direction
25th Apr 21, 6:01am
Government eyes personal insurance requirement for directors of banks and other deposit takers with the entity they represent not allowed to insure or indemnify directors
Government eyes personal insurance requirement for directors of banks and other deposit takers with the entity they represent not allowed to insure or indemnify directors
[Updated]
12th Feb 21, 12:47pm
The FMA says ANZ had admitted making misleading representations in providing credit card repayment insurance to some customers
[Updated]
The FMA says ANZ had admitted making misleading representations in providing credit card repayment insurance to some customers
27th Jan 21, 3:33pm
Insurance Council warns owners of units in complexes without body corps could struggle to get cover or face uphill battles when making claims
Insurance Council warns owners of units in complexes without body corps could struggle to get cover or face uphill battles when making claims
5th Jan 21, 9:58am
QV's David Nagel says before buying coastal property, look at the actual risks. Insurance companies are, and without insurance your holiday property might not be bankable
QV's David Nagel says before buying coastal property, look at the actual risks. Insurance companies are, and without insurance your holiday property might not be bankable
[Updated]
16th Dec 20, 5:18pm
BNZ's parent National Australia Bank agrees to sell BNZ Life to Partners Life for NZ$290 million
[Updated]
BNZ's parent National Australia Bank agrees to sell BNZ Life to Partners Life for NZ$290 million
6th Dec 20, 5:33pm
The Week in Tax: Terry Baucher talks to Rod Spicer about insurance cover for tax audits and assessments for filed returns - what they do cover and what they don't
The Week in Tax: Terry Baucher talks to Rod Spicer about insurance cover for tax audits and assessments for filed returns - what they do cover and what they don't
3rd Dec 20, 4:31pm
Does opening a ‘back door’ to encrypted communications create a whole new raft of problems? How can firms promise privacy if there is official access? And an unauthorised breach at some point then becomes possible
Does opening a ‘back door’ to encrypted communications create a whole new raft of problems? How can firms promise privacy if there is official access? And an unauthorised breach at some point then becomes possible
2nd Dec 20, 7:39am
New research identifies thousands of coastal properties in the 1-in-100-year flood zone that have another 15 years before facing serious insurance issues
New research identifies thousands of coastal properties in the 1-in-100-year flood zone that have another 15 years before facing serious insurance issues
24th Nov 20, 3:21pm
Both IAG and Tower have followed Suncorp in reaching the end of long-running disputes with the Earthquake Commission (EQC) relating to the apportioning of costs between the state and private insurers relating to the Canterbury earthquakes
Both IAG and Tower have followed Suncorp in reaching the end of long-running disputes with the Earthquake Commission (EQC) relating to the apportioning of costs between the state and private insurers relating to the Canterbury earthquakes
12th Nov 20, 10:13am
Kiwibank economists say the current performance of the housing market is 'not consistent' with an economy in the midst of the worst recession in 100 years
Kiwibank economists say the current performance of the housing market is 'not consistent' with an economy in the midst of the worst recession in 100 years
11th Nov 20, 3:57pm
Reserve Bank has sharply upgraded its house price forecast for this year - but expects price growth to slow during next year
Reserve Bank has sharply upgraded its house price forecast for this year - but expects price growth to slow during next year
[Updated]
11th Nov 20, 8:52am
Reserve Bank makes surprising announcement on move to reinstate lending restrictions in face of searing housing market; has also announced further delay in introducing new bank capital requirements till 2022
[Updated]
Reserve Bank makes surprising announcement on move to reinstate lending restrictions in face of searing housing market; has also announced further delay in introducing new bank capital requirements till 2022
2nd Nov 20, 6:49pm
Private insurers finally get their way, as EQC enables them to handle claims on its behalf; Public Inquiry was inconclusive on the matter
Private insurers finally get their way, as EQC enables them to handle claims on its behalf; Public Inquiry was inconclusive on the matter
24th Oct 20, 7:53am
Jenée Tibshraeny looks at the tough calls the Government needs to make around spreading the cost of climate and natural disaster risk
Jenée Tibshraeny looks at the tough calls the Government needs to make around spreading the cost of climate and natural disaster risk
21st Oct 20, 11:28am
Reserve Bank outlines its plans for overseeing the cyber risk management of the financial services sector, touting principles-based guidance rather than prescriptive oversight
Reserve Bank outlines its plans for overseeing the cyber risk management of the financial services sector, touting principles-based guidance rather than prescriptive oversight
6th Oct 20, 4:55pm
Business needs risk cover for pandemics, but insurers have revealed their fine print exclusions denying most cover. There is 'market failure' for cover at a reasonable cost. Is it the taxpayer who needs to cover these risks?
Business needs risk cover for pandemics, but insurers have revealed their fine print exclusions denying most cover. There is 'market failure' for cover at a reasonable cost. Is it the taxpayer who needs to cover these risks?
1st Oct 20, 11:22am
RBNZ's just-launched insurance capital review to be based on principles similar to bank capital review
RBNZ's just-launched insurance capital review to be based on principles similar to bank capital review
28th Sep 20, 9:44am
Travel insurers face risks and pressures that may mean travelers won't be able to buy travel coverage for a reasonable price in future, creating a Catch-22 for the travel industry generally. Should the taxpayer underwrite the risks?
Travel insurers face risks and pressures that may mean travelers won't be able to buy travel coverage for a reasonable price in future, creating a Catch-22 for the travel industry generally. Should the taxpayer underwrite the risks?
15th Sep 20, 9:00am
Banks, insurers, NZX-listed companies and fund managers among those to be required to report on climate risk under new regime to be overseen by the FMA
Banks, insurers, NZX-listed companies and fund managers among those to be required to report on climate risk under new regime to be overseen by the FMA
[Updated]
14th Sep 20, 5:44pm
RBNZ says it's 'imprudent' for insurers to pay dividends at the moment; Announces major insurance capital review to resume in October
[Updated]
RBNZ says it's 'imprudent' for insurers to pay dividends at the moment; Announces major insurance capital review to resume in October
