Insurance

13 Nov 18, 10:46am
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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13 Nov 18, 5:00am
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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12 Nov 18, 2:15pm
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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12 Nov 18, 11:58am
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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2 Nov 18, 11:08am
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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27 Oct 18, 11:13am
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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25 Oct 18, 11:10am
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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17 Oct 18, 3:52pm
Co-op Money posts annual loss & restates last year's results to record a loss after correcting error in its accounting for future funded insurance premiums
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7 Oct 18, 7:02am
Head of prudential supervision & self proclaimed arborist Toby Fiennes says RBNZ may add bank conduct metrics & individual bank stress test results to its Dashboard
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1 Oct 18, 5:10pm
Court rejects proposed deal for CBL Insurance to pay its largest creditor nearly all its cash for it to write off its liabilities
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27 Sep 18, 11:15am
ACC's proposing a 12.1% hike in the average motor vehicle levy for road users, including a 1.9c per litre increase for petrol
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7 Sep 18, 7:46am
FMA boss calls for financial services firms to stop focusing on shareholders at the expense of customers, with public trust the worst it has been since the GFC
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30 Aug 18, 3:22pm
S&P downgrades AMP Life's credit rating by a notch 'as a result of fallout from the Royal Commission revelations'; NZ managing director says impact on NZ is immaterial
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13 Aug 18, 4:51pm
Gibraltar-based insurer, caught in the CBL web, reaches agreement with one of its subsidiaries while it sues another
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9 Aug 18, 4:00pm
FMA not keen to embed supervisors in banks like its Aussie counterpart, but sees logic of prudential regulators - IE the Reserve Bank - doing so
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9 Aug 18, 7:30am
Impact statement on Canterbury Earthquakes Insurance Tribunal Bill reveals the Ministry of Justice did not consult with any external parties as a result of time pressure from the Government
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9 Aug 18, 5:00am
Life insurer accused of mis-selling to Aboriginal people sidesteps questions about its rapid growth in New Zealand 
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3 Aug 18, 10:53am
Insurance Council boss lobbies Government to give insurers same access to proposed Canterbury quake tribunal as homeowners
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2 Aug 18, 10:47am
Duncan Webb explains how the proposed Earthquake Tribunal could ping insurers who have used delay tactics and shares his hopes that it provides a model for the resolution of other civil disputes
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31 Jul 18, 5:00am
New research finds the average property that's claimed EQC cover for storm damage is twice as close to the coast as the average property in NZ
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