insurance premiums

IAG NZ self reporting to FMA results in civil court case alleging breaches of the Financial Markets Conduct Act

IAG NZ self reporting to FMA results in civil court case alleging breaches of the Financial Markets Conduct Act

Forsyth Barr analysts estimate Tower will report an underlying half-year net profit of close to $60 million thanks to mild weather, while the insurer’s largest shareholder Bain Capital sells stake for $89 million

Forsyth Barr analysts estimate Tower will report an underlying half-year net profit of close to $60 million thanks to mild weather, while the insurer’s largest shareholder Bain Capital sells stake for $89 million

IAG New Zealand reports $2.1 billion from insurance premiums in half-year result as premium growth rises across direct, broker, and bank channels

IAG New Zealand reports $2.1 billion from insurance premiums in half-year result as premium growth rises across direct, broker, and bank channels

Suncorp New Zealand’s half-year profit soars past full-year 2024 result, but insurance premium growth slows

Suncorp New Zealand’s half-year profit soars past full-year 2024 result, but insurance premium growth slows

Tower Insurance warns New Zealand needs to clarify climate adaptation funding to avoid California-style insurance crisis amid rising natural disaster risks

Tower Insurance warns New Zealand needs to clarify climate adaptation funding to avoid California-style insurance crisis amid rising natural disaster risks

Insurance premiums rise nationwide with Wellingtonians and Cantabrians paying up for general insurance & Aucklanders for car insurance

Insurance premiums rise nationwide with Wellingtonians and Cantabrians paying up for general insurance & Aucklanders for car insurance

Tower Insurance says the insurance industry is ‘particularly exposed’ to the financial consequences of climate change

Tower Insurance says the insurance industry is ‘particularly exposed’ to the financial consequences of climate change

Record result for Tower Insurance following on from a ‘tough year’ as the insurer reveals big annual premium growth targets for the next three years

Record result for Tower Insurance following on from a ‘tough year’ as the insurer reveals big annual premium growth targets for the next three years

Tower Insurance’s premiums closes in on $600 million, CEO says insurance premiums will stablise as inflation comes down

Tower Insurance’s premiums closes in on $600 million, CEO says insurance premiums will stablise as inflation comes down

Falling house prices will be the most tangible sign climate change is driving an insurability crisis that disrupts wider financial stability, Andrew J. Hoffman says

Falling house prices will be the most tangible sign climate change is driving an insurability crisis that disrupts wider financial stability, Andrew J. Hoffman says

Letter from Judith Collins to Nicola Willis before the sinking of HMNZS Manawanui warned of risks associated with uninsured navy vessels

Letter from Judith Collins to Nicola Willis before the sinking of HMNZS Manawanui warned of risks associated with uninsured navy vessels

Climate report warns of steep insurance premium increases and coverage gaps for coastal homes, with 10,000 properties at risk by 2050

Climate report warns of steep insurance premium increases and coverage gaps for coastal homes, with 10,000 properties at risk by 2050

Reserve Bank’s latest financial stability report says risk-based insurance pricing is a continuing trend and high-risk properties may see further increases

Reserve Bank’s latest financial stability report says risk-based insurance pricing is a continuing trend and high-risk properties may see further increases

Quashed data shows strong annual insurance premium rises, with differences between major cities and age groups

Quashed data shows strong annual insurance premium rises, with differences between major cities and age groups

ICNZ opposes UK-style flood reinsurance scheme for NZ, saying it could send the wrong signals

ICNZ opposes UK-style flood reinsurance scheme for NZ, saying it could send the wrong signals

Insurance representative bodies from New Zealand, Australia, Canada, and the UK urge their governments in a joint letter to collaborate with insurers in order to decrease natural hazard risk

Insurance representative bodies from New Zealand, Australia, Canada, and the UK urge their governments in a joint letter to collaborate with insurers in order to decrease natural hazard risk

AA Insurance reports $864.4 million in premiums for 2024, with annual profit nearly tripling to $108.2 million

AA Insurance reports $864.4 million in premiums for 2024, with annual profit nearly tripling to $108.2 million

AA Insurance ordered to pay almost $6.2 million penalty after overcharging tens of thousands of customers $11 million by failing to apply discounts and misleading marketing material

AA Insurance ordered to pay almost $6.2 million penalty after overcharging tens of thousands of customers $11 million by failing to apply discounts and misleading marketing material

US home insurance rates are rising fast – hurricanes and wildfires play a big role, but there’s more to it

US home insurance rates are rising fast – hurricanes and wildfires play a big role, but there’s more to it

In a new Of Interest podcast episode, John Lyon explains why it's hard to judge insurers' finances on a year by year basis, and why NZ's risk profile is the most significant barrier to enter the local insurance market

In a new Of Interest podcast episode, John Lyon explains why it's hard to judge insurers' finances on a year by year basis, and why NZ's risk profile is the most significant barrier to enter the local insurance market

Labour Party Finance Spokesperson Barbara Edmonds highlights critical role of insurance in New Zealand’s financial future as natural hazard risks increase and insurance premiums continue to rise

Labour Party Finance Spokesperson Barbara Edmonds highlights critical role of insurance in New Zealand’s financial future as natural hazard risks increase and insurance premiums continue to rise

Is there enough competition in New Zealand’s general insurance market? The country’s two biggest general insurers, with the majority of the market, say yes

Is there enough competition in New Zealand’s general insurance market? The country’s two biggest general insurers, with the majority of the market, say yes

IAG NZ Chief Executive Amanda Whiting says insurer’s annual results showing $4.1 billion in gross written premium and $500.7 million in insurance profit ‘just demonstrate the sustainable outcome’

IAG NZ Chief Executive Amanda Whiting says insurer’s annual results showing $4.1 billion in gross written premium and $500.7 million in insurance profit ‘just demonstrate the sustainable outcome’

IAG New Zealand CEO says insurers need to ‘balance out the bad years with the good’ as the insurer reports a 15% increase in annual gross written premium to $4 billion and an annual insurance profit of $500.7 million

IAG New Zealand CEO says insurers need to ‘balance out the bad years with the good’ as the insurer reports a 15% increase in annual gross written premium to $4 billion and an annual insurance profit of $500.7 million

Vero owner Suncorp New Zealand reports a 17.3% rise in annual gross written premium to $2.8 billion, as net profit doubles to $230 million

Vero owner Suncorp New Zealand reports a 17.3% rise in annual gross written premium to $2.8 billion, as net profit doubles to $230 million