risk-based pricing

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

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

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?

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

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

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

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

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

Insurer Tower says inflation, motor crime and supply chain issues continued to worsen over the third quarter of its financial year to September

Insurer Tower says inflation, motor crime and supply chain issues continued to worsen over the third quarter of its financial year to September

Mother Nature may always win but we can prepare for and respond to extreme weather more innovatively and realistically, Tower's Blair Turnbull says

Mother Nature may always win but we can prepare for and respond to extreme weather more innovatively and realistically, Tower's Blair Turnbull says

Tower posts half-year loss, won't pay interim dividend, says it has strong reinsurance cover

Tower posts half-year loss, won't pay interim dividend, says it has strong reinsurance cover

Tower says the Auckland Anniversary Weekend flood may now cost as much as $225 million, while it says it won't be paying a half-year dividend to shareholders

Tower says the Auckland Anniversary Weekend flood may now cost as much as $225 million, while it says it won't be paying a half-year dividend to shareholders

Government to mull how NZ meets the costs of climate adaptation and invests in resilience, getting advice on flood insurance options

Government to mull how NZ meets the costs of climate adaptation and invests in resilience, getting advice on flood insurance options

Tower CEO Blair Turnbull says reinsurers are questioning their down under exposure, he sees a risk of uninsurable areas in the future

Tower CEO Blair Turnbull says reinsurers are questioning their down under exposure, he sees a risk of uninsurable areas in the future