Insurance
Insurance Council says about $111 million of insurance support has already been paid as part of what will be 'a long recovery' from the Auckland flood, while about 30,000 claims have already been lodged as a result of Cyclone Gabrielle
6th Mar 23, 11:01am
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Insurance Council says about $111 million of insurance support has already been paid as part of what will be 'a long recovery' from the Auckland flood, while about 30,000 claims have already been lodged as a result of Cyclone Gabrielle
Analysts say high inflation will help Tower, after extreme weather events, pass costs on to customers
21st Feb 23, 7:36am
Analysts say high inflation will help Tower, after extreme weather events, pass costs on to customers
Government launches New Zealand Claims Resolution Service with insurers' support to help those hard hit by recent storms
19th Feb 23, 9:03pm
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Government launches New Zealand Claims Resolution Service with insurers' support to help those hard hit by recent storms
Tower lowers annual profit guidance by up to $14 million after North Island weather double whammy
17th Feb 23, 9:38am
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Tower lowers annual profit guidance by up to $14 million after North Island weather double whammy
Speculation on potential sale of its life insurer Asteron Life comes from 'gossip column' in AFR, Suncorp NZ says
9th Feb 23, 1:07pm
Speculation on potential sale of its life insurer Asteron Life comes from 'gossip column' in AFR, Suncorp NZ says
Insurers are waving the climate change red flag. We all need to pay attention, Rebecca Stevenson says
9th Feb 23, 11:55am
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Insurers are waving the climate change red flag. We all need to pay attention, Rebecca Stevenson says
[updated]
Insurer Suncorp says Auckland customers will need to be realistic about repair timetable
8th Feb 23, 7:44am
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Insurer Suncorp says Auckland customers will need to be realistic about repair timetable
Auckland flooding to take a financial toll on New Zealand's biggest insurer IAG
7th Feb 23, 9:35am
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Auckland flooding to take a financial toll on New Zealand's biggest insurer IAG
[updated]
Auckland properties with erosion or repeat flooding could become uninsurable
David Hall explains the need for, and possibilities for, climate adaptation finance as people in the upper North Island clean up
3rd Feb 23, 7:30am
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David Hall explains the need for, and possibilities for, climate adaptation finance as people in the upper North Island clean up
[updated]
The Auckland deluge is a very significant event which will result in a lot of claims, says the Insurance Council. It has advice when dealing with floods and storms. Westpac and ASB also announce relief for affected customers
28th Jan 23, 9:00am
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The Auckland deluge is a very significant event which will result in a lot of claims, says the Insurance Council. It has advice when dealing with floods and storms. Westpac and ASB also announce relief for affected customers
The Insurance Council advises how and when you can claim for the cost of lost or delayed travel luggage. The re-opened skies have brought an enormous increase in claims they say
14th Jan 23, 10:07am
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The Insurance Council advises how and when you can claim for the cost of lost or delayed travel luggage. The re-opened skies have brought an enormous increase in claims they say
[updated]
FMA highlights the reporting of hundreds of conduct & culture issues from life insurers resulting in tens of millions of dollars of customer remediation
21st Sep 22, 3:30pm
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FMA highlights the reporting of hundreds of conduct & culture issues from life insurers resulting in tens of millions of dollars of customer remediation
S&P ponders whether price increases can combat 'endless barrage of headwinds' against the reinsurance sector, which struggles to earn its cost of capital
8th Sep 22, 12:38pm
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S&P ponders whether price increases can combat 'endless barrage of headwinds' against the reinsurance sector, which struggles to earn its cost of capital
Ross Stitt says for Australia, droughts and rains are proving increasingly problematic, as are bushfires, cyclones, and coastal erosion. All up, it is an insurability crisis
25th Aug 22, 10:37am
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Ross Stitt says for Australia, droughts and rains are proving increasingly problematic, as are bushfires, cyclones, and coastal erosion. All up, it is an insurability crisis
Climate change risks not limited to coastal properties, with the risk of river flooding also likely to increase significantly
23rd Aug 22, 5:16pm
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Climate change risks not limited to coastal properties, with the risk of river flooding also likely to increase significantly
IAG proposes a three step plan to combat flood risk, calls for an end to building in flood prone areas
18th Aug 22, 5:00am
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IAG proposes a three step plan to combat flood risk, calls for an end to building in flood prone areas
Government to mull how NZ meets the costs of climate adaptation and invests in resilience, getting advice on flood insurance options
4th Aug 22, 11:35am
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Government to mull how NZ meets the costs of climate adaptation and invests in resilience, getting advice on flood insurance options
[updated]
Tower CEO Blair Turnbull says reinsurers are questioning their down under exposure, he sees a risk of uninsurable areas in the future
14th Jul 22, 10:37am
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Tower CEO Blair Turnbull says reinsurers are questioning their down under exposure, he sees a risk of uninsurable areas in the future
Insurance industry says a policyholder guarantee scheme should be unnecessary if other regulatory settings are correct and say a scheme would risk 'moral hazard'
24th May 22, 10:32am
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Insurance industry says a policyholder guarantee scheme should be unnecessary if other regulatory settings are correct and say a scheme would risk 'moral hazard'
Collision Repair Association says the scale of dominant insurer IAG NZ threatens its members' ongoing viability
22nd Apr 22, 11:11am
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Collision Repair Association says the scale of dominant insurer IAG NZ threatens its members' ongoing viability
75% of New Zealanders still feel overseas travel is dangerous but most are willing to take the plunge anyway, Tower survey suggests
17th Mar 22, 11:30am
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75% of New Zealanders still feel overseas travel is dangerous but most are willing to take the plunge anyway, Tower survey suggests
RBNZ eyes broader range of enforcement options & penalties for insurance supervision, and updating resolution options
11th Mar 22, 10:42am
RBNZ eyes broader range of enforcement options & penalties for insurance supervision, and updating resolution options
Life insurance covers up 92k during 2021 as Covid-19 issues reminder things can go wrong & more employers take out group insurance to stave off the 'great resignation'
5th Mar 22, 9:13am
Life insurance covers up 92k during 2021 as Covid-19 issues reminder things can go wrong & more employers take out group insurance to stave off the 'great resignation'
More movement across borders from the end of the month also means potential for more Covid-inflicted travel showstoppers
23rd Feb 22, 2:03pm
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More movement across borders from the end of the month also means potential for more Covid-inflicted travel showstoppers
