Insurance
Insurance premiums for house, car and contents up by 51% over past three years - insurance comparison website Quashed
1st Jul 25, 8:48am
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Insurance premiums for house, car and contents up by 51% over past three years - insurance comparison website Quashed
A major reinsurer looks at risks that matter to insurers today and those that will in the future. These will be significant drivers of household and business insurance premiums and coverage limits
20th Jun 25, 1:47pm
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A major reinsurer looks at risks that matter to insurers today and those that will in the future. These will be significant drivers of household and business insurance premiums and coverage limits
[updated]
Tower's Michael Stiassny says putting a final limit on Canterbury earthquake claims is about 'putting a stop to the peripheral industry that has created a self-perpetuating gravy train'
20th May 25, 9:35am
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Tower's Michael Stiassny says putting a final limit on Canterbury earthquake claims is about 'putting a stop to the peripheral industry that has created a self-perpetuating gravy train'
As insurance gets harder to buy, NZ has 3 choices for disaster recovery – and we keep choosing the worst one, Ilan Noy & Belinda Storey argue
14th May 25, 9:17am
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As insurance gets harder to buy, NZ has 3 choices for disaster recovery – and we keep choosing the worst one, Ilan Noy & Belinda Storey argue
RBNZ says stress test shows insurance policyholder claims would be met in 1-in-1,200-year loss event
[updated]
RBNZ stress test of general insurers assesses potential response to major earthquake and severe cyber-risk incidents
6th May 25, 12:58pm
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RBNZ stress test of general insurers assesses potential response to major earthquake and severe cyber-risk incidents
IAG New Zealand CEO says strong insurance support not enough when it comes to responding to natural hazard threats and government needs to take ‘urgent’ steps to make sure NZ’s natural hazards are better managed
1st May 25, 5:00am
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IAG New Zealand CEO says strong insurance support not enough when it comes to responding to natural hazard threats and government needs to take ‘urgent’ steps to make sure NZ’s natural hazards are better managed
[updated]
Insurance Council says a 'low number' of New Zealanders consider changing their insurance providers and urges people to shop around
28th Apr 25, 12:48pm
2
Insurance Council says a 'low number' of New Zealanders consider changing their insurance providers and urges people to shop around
Forsyth Barr analysts highlight ‘tempered outlook’ for Tower after the insurer raises annual profit expectations but lowers premium growth guidance again
24th Apr 25, 9:27am
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Forsyth Barr analysts highlight ‘tempered outlook’ for Tower after the insurer raises annual profit expectations but lowers premium growth guidance again
[updated]
Tower sees higher annual profit, lower gross written premium growth and bemoans ongoing Canterbury earthquake costs
22nd Apr 25, 2:00pm
Tower sees higher annual profit, lower gross written premium growth and bemoans ongoing Canterbury earthquake costs
Finance and Expenditure Committee moves to wrap up banking inquiry without input from reinsurers, despite recommendation from Parliamentary Commissioner for the Environment
7th Apr 25, 10:26am
Finance and Expenditure Committee moves to wrap up banking inquiry without input from reinsurers, despite recommendation from Parliamentary Commissioner for the Environment
IAG NZ self reporting to FMA results in civil court case alleging breaches of the Financial Markets Conduct Act
4th Apr 25, 12:14pm
IAG NZ self reporting to FMA results in civil court case alleging breaches of the Financial Markets Conduct Act
Forsyth Barr analysts estimate Tower will report an underlying half-year net profit of close to $60 million thanks to mild weather, while the insurer’s largest shareholder Bain Capital sells stake for $89 million
3rd Apr 25, 4:15pm
Forsyth Barr analysts estimate Tower will report an underlying half-year net profit of close to $60 million thanks to mild weather, while the insurer’s largest shareholder Bain Capital sells stake for $89 million
Global natural disasters cost insurers billions in 2024 but New Zealand stayed relatively unscathed
1st Apr 25, 2:35pm
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Global natural disasters cost insurers billions in 2024 but New Zealand stayed relatively unscathed
Southern Cross Pet Insurance hits 65,000 customers as rising vet costs and pandemic trends fuel growth
6th Mar 25, 10:23am
Southern Cross Pet Insurance hits 65,000 customers as rising vet costs and pandemic trends fuel growth
Countdown begins for final settlement offers from government’s on-sold property programme for Canterbury homeowners with earthquake-damaged properties
27th Feb 25, 8:30am
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Countdown begins for final settlement offers from government’s on-sold property programme for Canterbury homeowners with earthquake-damaged properties