Insurance news

13 Jun 17, 2:29pm
Andrew Hooker retells a horror story of how new Christchurch homeowners were left $200k out of pocket due to EQC errors made after the 2010/11 earthquakes & argues for a commission of enquiry
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2 Jun 17, 2:40pm
NZ's largest general insurer wants insurers that aren't locally incorporated to be required to hold a certain amount of assets in NZ; Says there's room for the RBNZ to require insurers to disclose more 
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31 May 17, 5:02pm
Rebecca Sellers says it is past time to change our laws with regard to duty of disclosure to insurers, something our Law Commission recommended in 1996
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31 May 17, 1:53pm
RBNZ notes insurers are lowering their solvency margins, with some leaning more heavily on their shareholders in times of crisis
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27 May 17, 9:32am
Election 2017 - Party Policies - Housing - Insurance
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25 May 17, 3:28pm
EQC levy to be bumped up 33%; Hike for insured homeowners comes further to 39% fire service levy increase; Decision on EQC Act Review on the way 
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24 May 17, 5:09pm
RBNZ on insurance regulation: 'Our role is to prod in the right areas and make sure management are on top of what they need to be on top of, rather than doing that job for them'
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24 May 17, 2:53pm
Tower gets $30 million cash advance from BNZ as quake costs see it only $5 million away from breaching the RBNZ solvency requirements
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23 May 17, 9:15am
Commerce and Consumer Affairs Minister commits to a 'significant package of insurance contract law reform in 2018'; Admits archaic disclosure rules are divisive
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19 May 17, 10:43am
Independent complaints body warns: Don't cancel your old life insurance policy until the stand down period of your new one has lapsed
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11 May 17, 11:26am
Rebecca Sellers says conduct by insurers is effectively unregulated and the IMF is calling for some protection for consumers, at least up to Australian levels
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10 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
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29 Apr 17, 6:02am
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
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19 Apr 17, 8:44am
Allan Barber reviews a cross-party review of how to achieve climate targets, one that will entail a difficult transition for rural economies
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10 Apr 17, 1:07pm
A look at whether your insurer will pay for what the Government won't if you get cancer
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3 Apr 17, 5:02am
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 
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30 Mar 17, 3:53pm
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
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30 Mar 17, 5:02am
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
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29 Mar 17, 11:19am
When and under what conditions different insurance companies will provide cover for meth contamination to your home or rental property 
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16 Mar 17, 9:06am
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
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