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Insurance

Simon Watts says the Government is ‘moving at pace’ to get adaption framework underway as insurers reflect on last year’s North Island flooding disasters
27th Jan 24, 9:35am
82
Simon Watts says the Government is ‘moving at pace’ to get adaption framework underway as insurers reflect on last year’s North Island flooding disasters
Insurance Council says about three quarters of the $3.6 billion of claims for the massive weather events earlier this year have now been paid
12th Dec 23, 9:35am
6
Insurance Council says about three quarters of the $3.6 billion of claims for the massive weather events earlier this year have now been paid
Tower hires Goldman Sachs as it kicks off review of its ownership structure
4th Dec 23, 9:58am
2
Tower hires Goldman Sachs as it kicks off review of its ownership structure
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
IAG says it has paid out more than $1 billion in insurance claims for the North Island floods & Cyclone Gabrielle
20th Nov 23, 10:49am
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IAG says it has paid out more than $1 billion in insurance claims for the North Island floods & Cyclone Gabrielle
[updated]
Insurer Vero cops $3.9 million fine for not applying multi-policy discounts to customers
12th Oct 23, 11:10am
2
Insurer Vero cops $3.9 million fine for not applying multi-policy discounts to customers
Prudential arrangements for insurance companies likely to involve more reserves set aside to meet RBNZ rules
28th Sep 23, 10:08am
Prudential arrangements for insurance companies likely to involve more reserves set aside to meet RBNZ rules
IAG encourages customers whose properties were hardest hit by extreme weather earlier this year 'to reside elsewhere'
20th Sep 23, 7:36pm
19
IAG encourages customers whose properties were hardest hit by extreme weather earlier this year 'to reside elsewhere'
[updated]
Five life insurers participating in first RBNZ stress test of their sector all able to remain solvent
8th Aug 23, 12:49pm
Five life insurers participating in first RBNZ stress test of their sector all able to remain solvent
Insurer Tower says inflation, motor crime and supply chain issues continued to worsen over the third quarter of its financial year to September
19th Jul 23, 10:11am
10
Insurer Tower says inflation, motor crime and supply chain issues continued to worsen over the third quarter of its financial year to September
Insurance Council says a little over a third of claims have so far been paid out for the twin weather events early this year; warns some claims could take over a year to settle
22nd Jun 23, 10:34am
4
Insurance Council says a little over a third of claims have so far been paid out for the twin weather events early this year; warns some claims could take over a year to settle
Mother Nature may always win but we can prepare for and respond to extreme weather more innovatively and realistically, Tower's Blair Turnbull says
13th Jun 23, 1:37pm
3
Mother Nature may always win but we can prepare for and respond to extreme weather more innovatively and realistically, Tower's Blair Turnbull says
Why insurance companies are pulling out of California and Florida, and how to fix some of the underlying problems
12th Jun 23, 12:36pm
by Guest
5
Why insurance companies are pulling out of California and Florida, and how to fix some of the underlying problems
[updated]
FMA files court proceedings against AA Insurance for allegedly overcharging tens of thousands of customers
8th Jun 23, 11:27am
3
FMA files court proceedings against AA Insurance for allegedly overcharging tens of thousands of customers
The total cost of buying flood risk homes could be $1 billion but critical details still awaited
1st Jun 23, 5:23pm
46
The total cost of buying flood risk homes could be $1 billion but critical details still awaited
How Quashed wants to make insurance easy for New Zealanders. And cheaper.
31st May 23, 4:34pm
18
How Quashed wants to make insurance easy for New Zealanders. And cheaper.
Tower posts half-year loss, won't pay interim dividend, says it has strong reinsurance cover
25th May 23, 10:42am
9
Tower posts half-year loss, won't pay interim dividend, says it has strong reinsurance cover
Banks offering cash to borrowers taking out house insurance with, and sometimes without, their home loans
20th May 23, 9:17am
5
Banks offering cash to borrowers taking out house insurance with, and sometimes without, their home loans
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
8th May 23, 10:23am
4
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
After banking, insurance? Treasury emails hint at potential of Commerce Commission market study
8th May 23, 5:00am
21
After banking, insurance? Treasury emails hint at potential of Commerce Commission market study
[updated]
Insurance Council says the amounts claimed so far for the Auckland flood and Cyclone Gabrielle have now topped the amounts claimed for the Kaikoura earthquake
4th Apr 23, 12:26pm
3
Insurance Council says the amounts claimed so far for the Auckland flood and Cyclone Gabrielle have now topped the amounts claimed for the Kaikoura earthquake
Investment losses push insurers' profit down despite increase in gross earned premiums
30th Mar 23, 7:50am
3
Investment losses push insurers' profit down despite increase in gross earned premiums
Michael Naylor says how and where we build needs to change in the face of more extreme weather and the insurance industry can help
27th Mar 23, 10:22am
by Guest
18
Michael Naylor says how and where we build needs to change in the face of more extreme weather and the insurance industry can help
[updated]
More than half the value of $890m worth of Cyclone Gabrielle insurance claims to date come from Hawke's Bay
23rd Mar 23, 10:08am
1
More than half the value of $890m worth of Cyclone Gabrielle insurance claims to date come from Hawke's Bay
Floods, cyclones, thunderstorms: Is climate change to blame for New Zealand’s summer of extreme weather?
15th Mar 23, 9:41am
by Guest
97
Floods, cyclones, thunderstorms: Is climate change to blame for New Zealand’s summer of extreme weather?