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insurance premiums

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
7th Oct 24, 1:47pm
5
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
4th Oct 24, 10:00am
by Guest
25
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
1st Oct 24, 4:41pm
13
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
5th Sep 24, 11:57am
20
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
30th Aug 24, 10:40am
9
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’
22nd Aug 24, 8:30am
6
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
21st Aug 24, 12:24pm
48
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
19th Aug 24, 12:22pm
5
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
IAG says New Zealanders are less personally concerned about climate change than they were a year ago but more people are concerned about the impacts
5th Aug 24, 2:03pm
11
IAG says New Zealanders are less personally concerned about climate change than they were a year ago but more people are concerned about the impacts
Tower Insurance readies its next risk-based pricing tool as CEO says he loves being the insurance underdog competing with bigger Aussie-owned rivals
29th May 24, 5:00am
7
Tower Insurance readies its next risk-based pricing tool as CEO says he loves being the insurance underdog competing with bigger Aussie-owned rivals
General insurer Tower reports 20% growth of $291 million in gross written premiums in 2024 first-half result
28th May 24, 10:04am
General insurer Tower reports 20% growth of $291 million in gross written premiums in 2024 first-half result
Insurance comparison portal Quashed sees 300% increase in signups in first quarter of the year as thousands seek out insurance cost savings
25th May 24, 9:30am
14
Insurance comparison portal Quashed sees 300% increase in signups in first quarter of the year as thousands seek out insurance cost savings
Rising car insurance premiums leading to people shifting from comprehensive to third party cover, interest.co.nz car insurance survey suggests
8th May 24, 12:07pm
42
Rising car insurance premiums leading to people shifting from comprehensive to third party cover, interest.co.nz car insurance survey suggests
Commerce and Consumer Affairs Minister Andrew Bayly announces insurance law reform, wants to bring insurance law ‘into the 21st century’
2nd May 24, 7:36pm
10
Commerce and Consumer Affairs Minister Andrew Bayly announces insurance law reform, wants to bring insurance law ‘into the 21st century’
Insurance premiums on the rise for NZ's biggest councils as range of risks put pressure on Auckland Council and Christchurch City Council’s insurance costs
1st Apr 24, 6:00am
1
Insurance premiums on the rise for NZ's biggest councils as range of risks put pressure on Auckland Council and Christchurch City Council’s insurance costs
Our car insurance survey closes soon. Can you please help us by taking the survey, if you haven't already. That will give us a good basis to help readers understand a fast-rising household expense
25th Mar 24, 2:02pm
9
Our car insurance survey closes soon. Can you please help us by taking the survey, if you haven't already. That will give us a good basis to help readers understand a fast-rising household expense
Christchurch City Council says its insurance premiums are up 20%, or $6.4 million, in the 2024/2025 financial year which is pushing proposed rate hike higher
21st Mar 24, 2:08pm
24
Christchurch City Council says its insurance premiums are up 20%, or $6.4 million, in the 2024/2025 financial year which is pushing proposed rate hike higher
New Zealand needs reinsurance. Does the reinsurance market need New Zealand?
8th Mar 24, 3:22pm
8
New Zealand needs reinsurance. Does the reinsurance market need New Zealand?
We're running an insurance survey to start revealing how premium costs are shifting by insurer, a crowd-sourced attempt to bring increased transparency to the insurance sector
1st Mar 24, 12:02pm
19
We're running an insurance survey to start revealing how premium costs are shifting by insurer, a crowd-sourced attempt to bring increased transparency to the insurance sector
Suncorp NZ’s CEO says central government needs to lead on climate adaptation because attempts made by private industry will be seen as ‘profit driven’
27th Feb 24, 9:05am
7
Suncorp NZ’s CEO says central government needs to lead on climate adaptation because attempts made by private industry will be seen as ‘profit driven’
Vero owner Suncorp New Zealand reports 20% gross written premium increase to $1.4 billion, CEO Jimmy Higgins is 'hopeful' customers won't see same level of premium increases in 2024
26th Feb 24, 1:13pm
1
Vero owner Suncorp New Zealand reports 20% gross written premium increase to $1.4 billion, CEO Jimmy Higgins is 'hopeful' customers won't see same level of premium increases in 2024
Tower’s CEO says insurer’s gross written premium up 21% in four months, expects full-year profit to be upper end of or exceed guidance of $22m to $27m
21st Feb 24, 11:27am
Tower’s CEO says insurer’s gross written premium up 21% in four months, expects full-year profit to be upper end of or exceed guidance of $22m to $27m
IAG New Zealand's Amanda Whiting says 19% gross written premium growth to more than $2b is ‘pretty significant’ but doesn’t expect growth to continue at same rate
17th Feb 24, 8:45am
20
IAG New Zealand's Amanda Whiting says 19% gross written premium growth to more than $2b is ‘pretty significant’ but doesn’t expect growth to continue at same rate
IAG New Zealand’s gross written premium leaps 18.8% and insurance margin rises to 20.8%
16th Feb 24, 11:15am
7
IAG New Zealand’s gross written premium leaps 18.8% and insurance margin rises to 20.8%
Insurer Tower says it faced significant challenges this financial year, but its underlying result 'demonstrates resilience and strategic delivery' that positions the company well for long-term sustainable growth and performance
23rd Nov 23, 11:00am
5
Insurer Tower says it faced significant challenges this financial year, but its underlying result 'demonstrates resilience and strategic delivery' that positions the company well for long-term sustainable growth and performance