risk-based pricing
Natural Hazards Commission says RMA reforms not just about improving processes, but also whether NZ's planning framework 'recognises and manages natural hazard risk at its least costly intervention point'
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Natural Hazards Commission says RMA reforms not just about improving processes, but also whether NZ's planning framework 'recognises and manages natural hazard risk at its least costly intervention point'
‘The consequences of getting that wrong is development that can’t be insured’: New Zealand’s largest general insurer, IAG NZ, says on RMA reforms
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‘The consequences of getting that wrong is development that can’t be insured’: New Zealand’s largest general insurer, IAG NZ, says on RMA reforms
Tower launches Rainfall Response Cover in Fiji, expanding the insurer’s parametric cover as it also mulls a parametric offering in NZ
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Tower launches Rainfall Response Cover in Fiji, expanding the insurer’s parametric cover as it also mulls a parametric offering in NZ
Tower replacing IAG NZ as Westpac NZ’s general insurance partner ‘strategically important’ in the long-term, Forsyth Barr analysts say
Tower replacing IAG NZ as Westpac NZ’s general insurance partner ‘strategically important’ in the long-term, Forsyth Barr analysts say
Westpac NZ ends insurance partnership with IAG NZ as bank switches to Tower Insurance which will become its underwriter for general insurance products
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Westpac NZ ends insurance partnership with IAG NZ as bank switches to Tower Insurance which will become its underwriter for general insurance products
General insurer Tower secures reinsurance programme for 2026 providing 'greater certainty around future reinsurance costs and catastrophe excesses', its chief executive says
General insurer Tower secures reinsurance programme for 2026 providing 'greater certainty around future reinsurance costs and catastrophe excesses', its chief executive says
General insurer Tower lifts annual profit guidance to up to $110m, if large insurance event costs remain low
General insurer Tower lifts annual profit guidance to up to $110m, if large insurance event costs remain low
AA Insurance puts temporary restriction on new home insurance policies in ‘a small number of postcodes’ after reaching its maximum exposure limit for seismic risk in these areas, its head of underwriting says
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AA Insurance puts temporary restriction on new home insurance policies in ‘a small number of postcodes’ after reaching its maximum exposure limit for seismic risk in these areas, its head of underwriting says
General insurer Tower extends risk-based pricing to landslides and sea surges meaning rising premiums for some customers
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General insurer Tower extends risk-based pricing to landslides and sea surges meaning rising premiums for some customers
Natural hazards abound in New Zealand and insurance premium costs are rising, so would a broader range of insurance products be useful?
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Natural hazards abound in New Zealand and insurance premium costs are rising, so would a broader range of insurance products be useful?
Climate report warns of steep insurance premium increases and coverage gaps for coastal homes, with 10,000 properties at risk by 2050
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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
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Reserve Bank’s latest financial stability report says risk-based insurance pricing is a continuing trend and high-risk properties may see further increases
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
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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
The role of chief risk officers in the insurance sector is changing in the face of climate change as risk management and forecasting becomes even more vital for general insurers
The role of chief risk officers in the insurance sector is changing in the face of climate change as risk management and forecasting becomes even more vital for general insurers
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
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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