Insurance
Insurers face 'radical' changes in law changes to update disclosure and contract terms provisions, as well as comprehensibility and comparability of insurance policies
8th May 19, 1:16pm
Insurers face 'radical' changes in law changes to update disclosure and contract terms provisions, as well as comprehensibility and comparability of insurance policies
A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
6th May 19, 4:44pm
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A 'principles-based' approach towards regulating conduct and culture may sound flaky but it's the best option, say lawyer, ombudsman and consultant
Is parametric insurance a potential growth market in the face of climate change?
2nd May 19, 9:01am
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Is parametric insurance a potential growth market in the face of climate change?
Low-risk home, car and contents policyholders to stop subsidising high-risk customers as IAG ups the ante on risk-based pricing; Company denies move is a money grab
29th Apr 19, 4:03pm
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Low-risk home, car and contents policyholders to stop subsidising high-risk customers as IAG ups the ante on risk-based pricing; Company denies move is a money grab
Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
27th Apr 19, 10:30am
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Rip-off insurance products could be banned, banks made to get 'conduct' licences, insurers given time limits to settle claims, and bank/insurance managers held personally liable for misconduct under law changes being considered
Government considers capping councils' liability for covering costs of shonky building work; MBIE hesitant, builders supportive, insurers want risks mitigated
26th Apr 19, 1:24pm
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Government considers capping councils' liability for covering costs of shonky building work; MBIE hesitant, builders supportive, insurers want risks mitigated
The cost of building industry guarantees and insurance could hit homeowners in the pocket, according to the Insurance Council of New Zealand
25th Apr 19, 8:00am
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The cost of building industry guarantees and insurance could hit homeowners in the pocket, according to the Insurance Council of New Zealand
New Zealand Certified Builders says the Government should take a harder line on building industry over guarantee and insurance
24th Apr 19, 5:00am
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New Zealand Certified Builders says the Government should take a harder line on building industry over guarantee and insurance
A shift to clean energy is now feasible owing to the plummeting costs of solar and wind power, and breakthroughs in energy storage. The total system costs of renewable energy now rival fossil fuels
22nd Apr 19, 10:02am
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A shift to clean energy is now feasible owing to the plummeting costs of solar and wind power, and breakthroughs in energy storage. The total system costs of renewable energy now rival fossil fuels
BNZ dismisses Australian media report it's negotiating a sale of its life insurance business to Partners Life, which is staying quiet
9th Apr 19, 7:51am
BNZ dismisses Australian media report it's negotiating a sale of its life insurance business to Partners Life, which is staying quiet
Drought, disease and more extreme weather all predicted in Auckland Council climate change report
23rd Mar 19, 9:50am
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Drought, disease and more extreme weather all predicted in Auckland Council climate change report
Insurers happy as Government considers different ways of funding Fire and Emergency NZ that don't involve a levy being added to insurance premiums
15th Mar 19, 2:31pm
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Insurers happy as Government considers different ways of funding Fire and Emergency NZ that don't involve a levy being added to insurance premiums
Commerce and Consumer Affairs Minister Kris Faafoi tells insurers to communicate price and policy changes more clearly, but won't force them to ensure insurance remains accessible
12th Mar 19, 2:59pm
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Commerce and Consumer Affairs Minister Kris Faafoi tells insurers to communicate price and policy changes more clearly, but won't force them to ensure insurance remains accessible
IAG pulls back from providing contents insurance to new customers in Wellington in further move to more risk-based pricing
11th Mar 19, 4:05pm
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IAG pulls back from providing contents insurance to new customers in Wellington in further move to more risk-based pricing
Climate Change Minister James Shaw says insurers are 'acting very responsibly' & working with the Govt on who pays for climate change
1st Feb 19, 7:57am
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Climate Change Minister James Shaw says insurers are 'acting very responsibly' & working with the Govt on who pays for climate change
Proposed Government crack-down on insurance sales incentives re-sparks discussion over how to provide free or affordable financial advice that isn't compromised
30th Jan 19, 2:41pm
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Proposed Government crack-down on insurance sales incentives re-sparks discussion over how to provide free or affordable financial advice that isn't compromised
The FMA & RBNZ detail remediation & poor conduct examples found in their review of life insurers' conduct and culture
29th Jan 19, 1:05pm
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The FMA & RBNZ detail remediation & poor conduct examples found in their review of life insurers' conduct and culture
RBNZ and FMA talk tough on poor conduct and culture of $2.57 billion life insurance sector, but avoid explicitly telling insurers to put an end to commission payments
29th Jan 19, 1:00pm
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RBNZ and FMA talk tough on poor conduct and culture of $2.57 billion life insurance sector, but avoid explicitly telling insurers to put an end to commission payments
Insurance Council of New Zealand cautions those who might be affected by Air New Zealand pre-Christmas strike disruption that their travel insurance might not cover them for financial costs
12th Dec 18, 1:41pm
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Insurance Council of New Zealand cautions those who might be affected by Air New Zealand pre-Christmas strike disruption that their travel insurance might not cover them for financial costs
First Credit Union's First Insurance to offer insurance via other NZ credit unions after Co-op Money sells its insurance operations
5th Dec 18, 9:35am
First Credit Union's First Insurance to offer insurance via other NZ credit unions after Co-op Money sells its insurance operations
RBNZ flags astronomical life insurance commissions as it indicates its conduct and culture review on the industry will be more scathing than the one it did on banks; However the sharpness of regulators' teeth remain in question
28th Nov 18, 4:55pm
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RBNZ flags astronomical life insurance commissions as it indicates its conduct and culture review on the industry will be more scathing than the one it did on banks; However the sharpness of regulators' teeth remain in question
Cigna follows Kiwi Wealth and Nikko Asset Management in getting FMA clearance to provide digital personalised advice
22nd Nov 18, 2:49pm
Cigna follows Kiwi Wealth and Nikko Asset Management in getting FMA clearance to provide digital personalised advice
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
13th Nov 18, 10:46am
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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
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
12th Nov 18, 2:15pm
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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
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
25th Oct 18, 11:10am
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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
