Insurance
Could Labour's first major policy announcement be a permanent unemployment insurance scheme similar to that advocated for by ACT?
4th Aug 20, 3:50pm
42
Could Labour's first major policy announcement be a permanent unemployment insurance scheme similar to that advocated for by ACT?
Government keeps ACC levies at current levels until 2022, instead of reviewing them in 2021 as planned pre-Covid
6th Jul 20, 3:00pm
2
Government keeps ACC levies at current levels until 2022, instead of reviewing them in 2021 as planned pre-Covid
Concerns raised over the RBNZ approving the sale of 200,000 AMP Life insurance policies to a Bermuda-based private equity firm
24th Jun 20, 5:00am
23
Concerns raised over the RBNZ approving the sale of 200,000 AMP Life insurance policies to a Bermuda-based private equity firm
RBNZ signs off on sale of AMP Life after the would-be buyer agreed to put in place various measures to protect the 200,000 New Zealand policyholders
23rd Jun 20, 10:11am
2
RBNZ signs off on sale of AMP Life after the would-be buyer agreed to put in place various measures to protect the 200,000 New Zealand policyholders
AA Insurance to offer customers like-for-like insurance premium comparisons
Public Inquiry recommends seismic shift in risk from private insurers to EQC when it comes to insuring residential buildings against natural disasters
9th Apr 20, 10:31am
64
Public Inquiry recommends seismic shift in risk from private insurers to EQC when it comes to insuring residential buildings against natural disasters
Now might be a good time to reassess your insurance cover, especially if you haven't done so in a while. There may even be ways to save premium costs
31st Mar 20, 11:38am
3
Now might be a good time to reassess your insurance cover, especially if you haven't done so in a while. There may even be ways to save premium costs
RBNZ under pressure to protect AMP Life's 200,000 policyholders, as it considers a A$3b proposal from a Bermuda-based firm to buy the policies, and a Bill to regulate insurers' conduct goes through Parliament
24th Feb 20, 4:49pm
8
RBNZ under pressure to protect AMP Life's 200,000 policyholders, as it considers a A$3b proposal from a Bermuda-based firm to buy the policies, and a Bill to regulate insurers' conduct goes through Parliament
RBNZ review finds the life insurance industry is inefficient, suffers from high and soft commissions, generates high returns for shareholders, and has low solvency ratios
22nd Jan 20, 5:27pm
3
RBNZ review finds the life insurance industry is inefficient, suffers from high and soft commissions, generates high returns for shareholders, and has low solvency ratios
SFO files criminal charges related to CBL Insurance, while FMA files civil charges related to its parent, alleging inadequate market disclosures and 'misleading and deceptive' conduct
17th Dec 19, 12:26pm
1
SFO files criminal charges related to CBL Insurance, while FMA files civil charges related to its parent, alleging inadequate market disclosures and 'misleading and deceptive' conduct
Commerce and Consumer Affairs Minister Kris Faafoi says new rules will include what policyholders must disclose to insurers, making changes to allow people to more easily understand their policy, and addressing unfair contract terms
4th Dec 19, 10:14am
10
Commerce and Consumer Affairs Minister Kris Faafoi says new rules will include what policyholders must disclose to insurers, making changes to allow people to more easily understand their policy, and addressing unfair contract terms
Reserve Bank wants insurers' solvency buffers hiked by a yet-to-be-determined amount; Voices concern over 'material' impact low interest rates are having on life insurers in particular
28th Nov 19, 1:59pm
6
Reserve Bank wants insurers' solvency buffers hiked by a yet-to-be-determined amount; Voices concern over 'material' impact low interest rates are having on life insurers in particular
A look at the 'broken' system that's seen the RBNZ force Tower to find more capital, as insurers continue to chase EQC for hundreds of millions of dollars 9 years after the Canterbury quakes
21st Nov 19, 1:13pm
14
A look at the 'broken' system that's seen the RBNZ force Tower to find more capital, as insurers continue to chase EQC for hundreds of millions of dollars 9 years after the Canterbury quakes
General insurers told to be more open-booked with their pricing and to self-review on conduct and culture; RBNZ Governor says it's too early to say whether insurance capital changes will 'lead to the kind of uplift we have proposed for bank capital'
5th Nov 19, 1:18pm
22
General insurers told to be more open-booked with their pricing and to self-review on conduct and culture; RBNZ Governor says it's too early to say whether insurance capital changes will 'lead to the kind of uplift we have proposed for bank capital'
CBL shareholders seek redress for failure of the $747 million company; Harbour Asset Management and Argo Investments to lead class action against former directors
18th Oct 19, 2:41pm
2
CBL shareholders seek redress for failure of the $747 million company; Harbour Asset Management and Argo Investments to lead class action against former directors
Insurance company IAG's plans to open a trial vehicle repair facility in South Auckland creates concerns about potential anti-competitive behaviour
8th Oct 19, 10:52am
20
Insurance company IAG's plans to open a trial vehicle repair facility in South Auckland creates concerns about potential anti-competitive behaviour
Tower says it has a deal to pay $13 million for the 34,000 policies issued by Youi in this country; Tower to raise $47 million to pay for purchase and to boost its own solvency position
24th Sep 19, 8:52am
18
Tower says it has a deal to pay $13 million for the 34,000 policies issued by Youi in this country; Tower to raise $47 million to pay for purchase and to boost its own solvency position
Commerce & Consumer Affairs Minister Kris Faafoi pledges measures to improve financial services sector conduct shortly as regulators bemoan poor life insurer conduct and culture
17th Sep 19, 10:11am
14
Commerce & Consumer Affairs Minister Kris Faafoi pledges measures to improve financial services sector conduct shortly as regulators bemoan poor life insurer conduct and culture
Ahead of the next UN Climate Summit in New York, the OECD assesses the progress of funding climate change adaption and mitigation projects in developing countries
14th Sep 19, 5:12pm
7
Ahead of the next UN Climate Summit in New York, the OECD assesses the progress of funding climate change adaption and mitigation projects in developing countries
Financial Markets Authority considering prosecuting life insurers over sales tactics; says 'there will be more remediation, more repayments to consumers'; Commerce and Consumer Affairs Minister warns NZ isn't immune from a royal commission
13th Sep 19, 10:58am
18
Financial Markets Authority considering prosecuting life insurers over sales tactics; says 'there will be more remediation, more repayments to consumers'; Commerce and Consumer Affairs Minister warns NZ isn't immune from a royal commission
Insurance Council of New Zealand sets out to 'educate the public' about insurance fraud through new Insurance Fraud Bureau as its members strive to reduce insurance fraud
3rd Sep 19, 1:37pm
3
Insurance Council of New Zealand sets out to 'educate the public' about insurance fraud through new Insurance Fraud Bureau as its members strive to reduce insurance fraud
As mortgage interest rates fall, home & contents insurance premiums are rising, and fast, undermining the benefits of low interest rates. We investigate where that insurance premium goes and how it has changed
26th Aug 19, 4:45pm
8
As mortgage interest rates fall, home & contents insurance premiums are rising, and fast, undermining the benefits of low interest rates. We investigate where that insurance premium goes and how it has changed
IAG and Suncorp see premium hikes being more subdued in 2020, with major repricing seen in 2019 contributing to them increasing their profits by 69% and 116% respectively
20th Aug 19, 7:49am
10
IAG and Suncorp see premium hikes being more subdued in 2020, with major repricing seen in 2019 contributing to them increasing their profits by 69% and 116% respectively
AMP goes back to the RBNZ with a new A$3 billion proposal to sell its life insurance business; Announces A$650 million capital raise and plan to divest from its NZ wealth management business
8th Aug 19, 6:01pm
1
AMP goes back to the RBNZ with a new A$3 billion proposal to sell its life insurance business; Announces A$650 million capital raise and plan to divest from its NZ wealth management business
Chapman Tripp's John Knight looks at the impact of climate change on insurance and insurers, the legal risks, and the responses he expects to see
29th Jul 19, 3:07pm
10
Chapman Tripp's John Knight looks at the impact of climate change on insurance and insurers, the legal risks, and the responses he expects to see
