Insurance news

13 Dec 17, 11:53am
nib to start selling health insurance through Fairfax Media in bid to broaden its distribution channels 
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8 Dec 17, 2:00pm
Munich Re, Swiss Re and Hannover Re to receive 12.5% of IAG's premium income in exchange for paying 12.5% of its claims and expenses; Deal to boost capital and reduce earnings volatility
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6 Dec 17, 11:31am
Insurers suffer record losses due to weather events in 2017, but recoup some of these through premium hikes; Reinsurers remain committed to New Zealand
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4 Dec 17, 1:55pm
Andrew Hooker on why litigation funding is needed to level the playing field between the haves and the have nots
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30 Nov 17, 3:48pm
The insurance market may be consolidating, but the RBNZ says it's still attractive to overseas companies. We consider who's showing interest and look at what the new entrants to the market are up to
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30 Nov 17, 1:27pm
The Reserve Bank's loosening of LVR limits will give the banks greater flexibility with their lending policies - but David Hargreaves wonders if the banks will actually want that at the moment
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29 Nov 17, 3:56pm
Reserve Bank doesn't see a collapse of house prices 'as a particularly high risk' due to Government policies, but says the new policies reinforce the RBNZ's decision to relax LVR restrictions
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29 Nov 17, 9:13am
Reserve Bank will begin rolling back the LVR restrictions with the 'speed limit' for high LVR lending for banks increased to 15% from 10%; Investors will be required to just make 35% deposits compared with 40% now
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23 Nov 17, 2:09pm
Self-proclaimed 'pushy' Commerce & Consumer Affairs Minister Kris Faafoi commits to revamping archaic insurance law, but prioritises introduction of payday lender interest rate caps & a supermarket code of conduct
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23 Nov 17, 2:09pm
Self-proclaimed 'pushy' Commerce & Consumer Affairs Minister Kris Faafoi commits to revamping archaic insurance law, but prioritises introduction of payday lender interest rate caps & a supermarket code of conduct
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16 Nov 17, 9:41am
Insurance lawyer takes aim at litigious claimants who 'provide the insurance industry with ammunition, and judges with scepticism'
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15 Nov 17, 9:29am
Tower CEO sets sights on embattled insurer becoming a 'leading digital challenger brand' that uses better data to assess risk and target premiums
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14 Nov 17, 9:58am
Tower's share price drops to record low of 64c as it unveils discounted share offer to address 'inherent uncertainty' via a $70m capital raise; Insurer reduces its annual loss to $8m
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13 Nov 17, 2:32pm
Trading halt on Tower shares with insurer at 'advanced stage of finalising underwriting for a capital raising'
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7 Nov 17, 12:06pm
Vero walks away from appeal of Commerce Commission decision to block Tower takeover as it sees 'significant litigation risk' and the deal outlining the proposed acquisition expires
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1 Nov 17, 5:02am
Fidelity Life board backs proposal for NZ Super Fund to inject new capital into the company through a $100 million deal  
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30 Oct 17, 1:33pm
How much could the ANZ Banking Group get for its New Zealand wealth operations?
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18 Oct 17, 12:22pm
Insurance industry raises concerns over the RBNZ being the entity to conduct a major review of the legislation it uses to regulate the sector
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4 Oct 17, 1:16pm
Youi NZ reduces its loss by 41% as its premium income growth exceeds its claims expense growth; Says it's focused on 'continuous improvement'
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29 Sep 17, 9:15am
Sovereign customers warned AIA takeover could give incentivised advisers an in to encourage them to switch policies
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