Insurance
IMF calls for FMA to immediately fill cracks in the system so 'all aspects of the insurance product life cycle' are regulated
10th May 17, 10:12am
IMF calls for FMA to immediately fill cracks in the system so 'all aspects of the insurance product life cycle' are regulated
EQC levies may be affected by changes to disaster fund set to be announced after drawn-out review, Joyce says; Flags changes to reinsurance excess, operational detail
29th Apr 17, 6:02am
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EQC levies may be affected by changes to disaster fund set to be announced after drawn-out review, Joyce says; Flags changes to reinsurance excess, operational detail
A look at whether your insurer will pay for what the Government won't if you get cancer
10th Apr 17, 1:07pm
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A look at whether your insurer will pay for what the Government won't if you get cancer
RBNZ considers whether to: take a more 'graduated approach' in monitoring insurers' solvency, make insurers disclose as much information as banks, and require all insurers that operate in NZ to be locally incorporated
3rd Apr 17, 5:02am
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RBNZ considers whether to: take a more 'graduated approach' in monitoring insurers' solvency, make insurers disclose as much information as banks, and require all insurers that operate in NZ to be locally incorporated
Michael Stiassny says bidders eyeing a Tower takeover will need to pay at least $1.40 per share; Says the Board's considering a capital raising
30th Mar 17, 3:53pm
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Michael Stiassny says bidders eyeing a Tower takeover will need to pay at least $1.40 per share; Says the Board's considering a capital raising
New rates set to fund amalgamated fire and emergency service; Changes to see people with home, contents and car insurance pay around $38 more a year
30th Mar 17, 5:02am
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New rates set to fund amalgamated fire and emergency service; Changes to see people with home, contents and car insurance pay around $38 more a year
When and under what conditions different insurance companies will provide cover for meth contamination to your home or rental property
29th Mar 17, 11:19am
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When and under what conditions different insurance companies will provide cover for meth contamination to your home or rental property
Insurance Council says the Government consulting on how to levy insurance to fund new fire and emergency service shows how complicated and costly the regime is
16th Mar 17, 9:06am
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Insurance Council says the Government consulting on how to levy insurance to fund new fire and emergency service shows how complicated and costly the regime is
Vero agrees to pay 10 cents more per share in $15.8 million deal to increase its stake in Tower to nearly 20%; Move could bump up Vero's offer in takeover bid
14th Mar 17, 3:08pm
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Vero agrees to pay 10 cents more per share in $15.8 million deal to increase its stake in Tower to nearly 20%; Move could bump up Vero's offer in takeover bid
Psychiatrists call for government review on the way life insurers treat people with mental illness; Underwriter explains extent to which industry goes to fairly assess possible risks of mental illness
9th Mar 17, 8:47am
Psychiatrists call for government review on the way life insurers treat people with mental illness; Underwriter explains extent to which industry goes to fairly assess possible risks of mental illness
Suncorp confirms it's transferring 'a number' of New Zealand admin jobs to its 'strategic partners in Asia'
6th Mar 17, 5:16pm
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Suncorp confirms it's transferring 'a number' of New Zealand admin jobs to its 'strategic partners in Asia'
Suncorp argues if the ComCom allowed IAG to acquire AMI and Lumley, it's only fair it approves its application to take over Tower
3rd Mar 17, 1:05pm
Suncorp argues if the ComCom allowed IAG to acquire AMI and Lumley, it's only fair it approves its application to take over Tower
Suncorp attempts to win over Tower shareholders in its takeover battle with 'escalation payment' agreements
2nd Mar 17, 1:19pm
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Suncorp attempts to win over Tower shareholders in its takeover battle with 'escalation payment' agreements
Youi's boss to take up new role as CEO of OUTsurance - a South African insurer with the same parent as Youi
24th Feb 17, 10:07am
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Youi's boss to take up new role as CEO of OUTsurance - a South African insurer with the same parent as Youi
IAG commits to employing 'targeted rates increases' in the wake of the Kaikoura quakes; Says it has been hiking motor insurance premiums throughout the country as more car owners are making claims
23rd Feb 17, 7:40am
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IAG commits to employing 'targeted rates increases' in the wake of the Kaikoura quakes; Says it has been hiking motor insurance premiums throughout the country as more car owners are making claims
New Zealand's second largest general insurer aims to increase its market share to 30%, offering to pay more than 'Canada's Berkshire Hathaway' to buy Tower
22nd Feb 17, 9:48am
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New Zealand's second largest general insurer aims to increase its market share to 30%, offering to pay more than 'Canada's Berkshire Hathaway' to buy Tower
Climate change could threaten the stability of the entire financial system, an Aussie banking regulator warns, as it prepares to apply climate change "stress tests" to the nation's financial institutions
20th Feb 17, 7:32pm
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Climate change could threaten the stability of the entire financial system, an Aussie banking regulator warns, as it prepares to apply climate change "stress tests" to the nation's financial institutions
A.M. Best places Tower's credit rating under review pending its sale to Fairfax Financial Holdings; Says it will consider the extent of Fairfax’s 'financial support' to determine a rating
17th Feb 17, 1:58pm
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A.M. Best places Tower's credit rating under review pending its sale to Fairfax Financial Holdings; Says it will consider the extent of Fairfax’s 'financial support' to determine a rating
Tower Chairman says the company would have a higher sale price if the EQC system wasn't 'broken'; Government says the law has nothing to do with the risk the insurer takes on
13th Feb 17, 12:19pm
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Tower Chairman says the company would have a higher sale price if the EQC system wasn't 'broken'; Government says the law has nothing to do with the risk the insurer takes on
Tower board, major shareholders back $197 million takeover bid from Canada's Fairfax Financial Holdings; Tower's share price rises as trading resumes
9th Feb 17, 1:07pm
Tower board, major shareholders back $197 million takeover bid from Canada's Fairfax Financial Holdings; Tower's share price rises as trading resumes
Tower shares in trading halt ahead of 'announcement'; Reports the insurer has received a take-private proposal from Fairfax Financial Holdings
9th Feb 17, 11:26am
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Tower shares in trading halt ahead of 'announcement'; Reports the insurer has received a take-private proposal from Fairfax Financial Holdings
A court document reveals Tower has $6 million at stake in its legal battle with EQC over land damage; Question marks remain over why there are still $51 million of EQC recoveries in dispute
6th Feb 17, 7:37am
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A court document reveals Tower has $6 million at stake in its legal battle with EQC over land damage; Question marks remain over why there are still $51 million of EQC recoveries in dispute
IAG and Tower demand EQC coughs up the cash, having allegedly short-changed thousands of Canterbury quake claimants with land damage
26th Jan 17, 1:32pm
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IAG and Tower demand EQC coughs up the cash, having allegedly short-changed thousands of Canterbury quake claimants with land damage
Insurers expected to cover 60% of Kaikoura quake losses; climate change expected to keep escalating risk of natural disasters
24th Jan 17, 4:16pm
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Insurers expected to cover 60% of Kaikoura quake losses; climate change expected to keep escalating risk of natural disasters
Freelance journalist Diana Clement welcomes the outcome of the Commerce Commission's probe into Youi that lent heavily on her work, but isn't convinced the company has mended its ways
16th Dec 16, 12:44pm
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Freelance journalist Diana Clement welcomes the outcome of the Commerce Commission's probe into Youi that lent heavily on her work, but isn't convinced the company has mended its ways
