Insurance

Dire climate change predictions for the City of Sails

23 Mar 19, 9:50am

Stephen Forbes

10 comments

Drought, disease and more extreme weather all predicted in Auckland Council climate change report
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Govt looks to remove fire levies from insurance premiums

15 Mar 19, 2:31pm

Jenée Tibshraeny

2 comments

Insurers happy as Government considers different ways of funding Fire and Emergency NZ that don't involve a levy being added to insurance premiums
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Overheating about global warming

14 Mar 19, 9:48am

Guest

113 comments

Decades of climate-change exaggeration in the West have produced frightened children, febrile headlines, and unrealistic political promises
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Govt warns insurers following IAG's Wellington pull-back

12 Mar 19, 2:59pm

Jenée Tibshraeny

22 comments

Commerce and Consumer Affairs Minister Kris Faafoi tells insurers to communicate price and policy changes more clearly, but won't force them to ensure insurance remains accessible
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Country's largest insurer makes move to retreat from Wellington

11 Mar 19, 4:05pm

Jenée Tibshraeny

44 comments

IAG pulls back from providing contents insurance to new customers in Wellington in further move to more risk-based pricing
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Faking it on climate change

6 Mar 19, 1:51pm

Guest

38 comments

Because honest emissions cuts are staggeringly hard to make, achieving carbon neutrality anytime soon is an empty ambition. But countries continue to make big promises and massage their numbers to give a false sense of progress
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Fresh assessment of NZ's financial sector regulatory architecture well overdue

2 Mar 19, 9:44am

Geof Mortlock

4 comments

Geof Mortlock argues the Reserve Bank is about as much use as a financial regulator as is a cricket umpire who is nearly blind and who understands little about the game
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What the Govt's contending with in Aust as it writes new rules for banks & insurers

6 Feb 19, 8:59am

Jenée Tibshraeny

A closer look at the pending commission crackdown Commerce and Consumer Affairs Minister Kris Faafoi sees when he glances across the Tasman
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'Nothing will change until the Government forces them to do so'

2 Feb 19, 9:04am

Andrew Hooker

After casting an eye over the FMA-RBNZ report on life insurers' conduct & culture, Andrew Hooker encourages the Government to legislate to force change
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Who pays for climate change?

1 Feb 19, 7:57am

Jenée Tibshraeny

59 comments

Climate Change Minister James Shaw says insurers are 'acting very responsibly' & working with the Govt on who pays for climate change
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'We need to urgently ramp up work on NZ’s climate change adaptation framework'

31 Jan 19, 11:12am

Stephen Forbes

58 comments

Local Government New Zealand says up to $14 billion of local government infrastructure is at risk from rising sea levels and climate change
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Life insurance industry group boss in the hot seat

30 Jan 19, 2:41pm

Jenée Tibshraeny

3 comments

Proposed Government crack-down on insurance sales incentives re-sparks discussion over how to provide free or affordable financial advice that isn't compromised
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'Insurers did not know enough about what issues may exist in their business'

29 Jan 19, 1:05pm

admin

1 comment

The FMA & RBNZ detail remediation & poor conduct examples found in their review of life insurers' conduct and culture
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Life insurers given timeline to get rid of sales incentives

29 Jan 19, 1:00pm

Jenée Tibshraeny

11 comments

RBNZ and FMA talk tough on poor conduct and culture of $2.57 billion life insurance sector, but avoid explicitly telling insurers to put an end to commission payments
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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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