Insurance

'You are storing up this cost for future generations': Simplicity chief economist Shamubeel Eaqub says Aotearoa is at a crunch point when it comes to insurance and managing risk

'You are storing up this cost for future generations': Simplicity chief economist Shamubeel Eaqub says Aotearoa is at a crunch point when it comes to insurance and managing risk

Insurance affordability and availability could be threatened by slowness adapting, and investing in resilience, Labour leader Chris Hipkins says

Insurance affordability and availability could be threatened by slowness adapting, and investing in resilience, Labour leader Chris Hipkins says

Nicola Willis says Insurance Council levy proposal to help with natural hazard risk reduction not necessary if a prudent government is investing in infrastructure

Nicola Willis says Insurance Council levy proposal to help with natural hazard risk reduction not necessary if a prudent government is investing in infrastructure

Insurance Council wants Fire and Emergency Levy replaced by ‘Community Protection Levy’, saying current levy ‘no longer well suited to the risks NZ faces’

Insurance Council wants Fire and Emergency Levy replaced by ‘Community Protection Levy’, saying current levy ‘no longer well suited to the risks NZ faces’

Tower Insurance’s CEO hopes to make insurance competitors sweat by drawing in new customers through low-risk policies

Tower Insurance’s CEO hopes to make insurance competitors sweat by drawing in new customers through low-risk policies

Tower chair say Government levies and taxes are ‘adding significant cost and complexity’ to insurance premiums as the insurer reports ‘constrained’ gross written premium growth

Tower chair say Government levies and taxes are ‘adding significant cost and complexity’ to insurance premiums as the insurer reports ‘constrained’ gross written premium growth

Natural Hazards Commission received nearly 13,000 claims for damage from landslides in the last five years - 10,000 more than the previous five years

Natural Hazards Commission received nearly 13,000 claims for damage from landslides in the last five years - 10,000 more than the previous five years

AIA NZ paid out $790 million in total insurance claims in 2025 - of those, $177.31 million related specifically to health insurance claims

AIA NZ paid out $790 million in total insurance claims in 2025 - of those, $177.31 million related specifically to health insurance claims

Reserve Bank says it wants banks to have a much broader sense of insurance coverage across their loan portfolio as emerging insurance pressures ‘indicate financial stability risks may increase’

Reserve Bank says it wants banks to have a much broader sense of insurance coverage across their loan portfolio as emerging insurance pressures ‘indicate financial stability risks may increase’

Financial stability and insurance: 'Concerns over affordability, climate change, and dependence on global reinsurance mean the situation could change quickly and warrants monitoring,' the Reserve Bank says

Financial stability and insurance: 'Concerns over affordability, climate change, and dependence on global reinsurance mean the situation could change quickly and warrants monitoring,' the Reserve Bank says

Quashed data shows people over 50 are experiencing the highest increase in insurance premiums, with auto-renewing raised as a likely reason why

Quashed data shows people over 50 are experiencing the highest increase in insurance premiums, with auto-renewing raised as a likely reason why

‘Storms a near-weekly occurrence’: IAG NZ chief executive Phil Gibson says, with a 256% annual increase in storm-related insurance claims

‘Storms a near-weekly occurrence’: IAG NZ chief executive Phil Gibson says, with a 256% annual increase in storm-related insurance claims

Natural Hazards Commission receives 824 claims for severe weather events in January and February, with about 60% of claims for landslide damage

Natural Hazards Commission receives 824 claims for severe weather events in January and February, with about 60% of claims for landslide damage

Insurance Council of New Zealand says insights from global reinsurers reinforce message that 'catastrophe risk is increasing in scale and complexity' as it renews call for faster action to keep insurance accessible, protect communities

Insurance Council of New Zealand says insights from global reinsurers reinforce message that 'catastrophe risk is increasing in scale and complexity' as it renews call for faster action to keep insurance accessible, protect communities

Natural Hazards Commission says RMA reforms not just about improving processes, but also whether NZ's planning framework 'recognises and manages natural hazard risk at its least costly intervention point'

Natural Hazards Commission says RMA reforms not just about improving processes, but also whether NZ's planning framework 'recognises and manages natural hazard risk at its least costly intervention point'