Insurance news

22 Jun 18, 3:43pm
Public wrongly lead to believe that 97% of Tower's customers will receive home insurance premium decreases due to new quake risk-based pricing changes, Jenée Tibshraeny says
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20 Jun 18, 2:20pm
Vero stops offering excess-free windscreen replacement cover in bid to counter soaring motor claims costs
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11 Jun 18, 5:10pm
Buying insurance via Facebook Messenger a step closer to becoming a reality as Lloyd's of London agrees to underwrite Auckland insurance start-up, Cove
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6 Jun 18, 6:30pm
CBL Insurance's liquidation hearing deferred until July 30, as RBNZ considers 'additional options' proposed by those opposed to a liquidation
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6 Jun 18, 4:16pm
Report reveals EQC's data is in such a state, even the Independent Ministerial Advisor can't get reliable information on the status of unresolved Canterbury quake claims
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5 Jun 18, 3:39pm
Westpac economists believe house price growth will be zero by the end of this year, which will be enough to prompt the Reserve Bank to further easing of lending restrictions
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5 Jun 18, 11:41am
Rebecca Sellers urges New Zealand consumers & businesses to have their say in the Government's long awaited review of insurance contract law
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5 Jun 18, 10:31am
Reserve Bank's application to liquidate CBL Insurance not to be heard in court on Tuesday as planned; Lawyer can't comment 
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4 Jun 18, 6:31am
FMA CEO Rob Everett says the financial services sector is at a tipping point and needs to focus on how to make sure customers get a better deal
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1 Jun 18, 10:00am
Experts divided over whether policyholders will emerge from banks' 'life insurance business ditch' better off
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31 May 18, 1:38pm
If the Government decides there needs to be more meth residue in a property for it to be considered contaminated, insurers won't have to cover the remediation costs of as many properties as they do now
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30 May 18, 2:42pm
David Hargreaves sees little chance that the Reserve Bank's loan to value ratio restrictions will now ever be removed
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30 May 18, 11:53am
NZ life insurance market consolidates as ANZ agrees to sell OnePath Life to Cigna for $700 million; Sale to see Cigna become NZ's third largest life insurer
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30 May 18, 9:15am
Reserve Bank says financial risks have lessened but will not be loosening LVR restrictions at this stage; will wait till November 'at least' before any loosening
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29 May 18, 12:56pm
Tower widens half-year loss off the back of storms and disappointing settlement with reinsurer; Risk-based pricing gets underway
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28 May 18, 1:49pm
Economists doubt the Reserve Bank will want to further roll back mortgage lending restrictions this week and will prefer to wait longer to see how the housing market develops this year
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25 May 18, 2:59pm
Insurers renew their calls for immediate action on climate change adaptation as the cost of more frequent extreme weather events stack up
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24 May 18, 12:46pm
FMA and RBNZ give life insurance companies until June 22 to prove they aren't mimicking the misconduct of some of their Australian parents
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22 May 18, 11:39am
Commerce and Consumer Affairs Minister Kris Faafoi seeks feedback on insurance law revamp that aims to regulate insurers' conduct and better protect consumers who risk having their claims declined due to non-disclosure
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18 May 18, 7:20am
FMA believes companies should keep updating the market even if they're in voluntary administration; Says its dealings with CBL have prompted it to ask the court for clarity on the matter
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