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insurance premiums

Insurance premiums on the rise for NZ's biggest councils as range of risks put pressure on Auckland Council and Christchurch City Council’s insurance costs
1st Apr 24, 6:00am
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Insurance premiums on the rise for NZ's biggest councils as range of risks put pressure on Auckland Council and Christchurch City Council’s insurance costs
Our car insurance survey closes soon. Can you please help us by taking the survey, if you haven't already. That will give us a good basis to help readers understand a fast-rising household expense
25th Mar 24, 2:02pm
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Our car insurance survey closes soon. Can you please help us by taking the survey, if you haven't already. That will give us a good basis to help readers understand a fast-rising household expense
Christchurch City Council says its insurance premiums are up 20%, or $6.4 million, in the 2024/2025 financial year which is pushing proposed rate hike higher
21st Mar 24, 2:08pm
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Christchurch City Council says its insurance premiums are up 20%, or $6.4 million, in the 2024/2025 financial year which is pushing proposed rate hike higher
New Zealand needs reinsurance. Does the reinsurance market need New Zealand?
8th Mar 24, 3:22pm
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New Zealand needs reinsurance. Does the reinsurance market need New Zealand?
We're running an insurance survey to start revealing how premium costs are shifting by insurer, a crowd-sourced attempt to bring increased transparency to the insurance sector
1st Mar 24, 12:02pm
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We're running an insurance survey to start revealing how premium costs are shifting by insurer, a crowd-sourced attempt to bring increased transparency to the insurance sector
Suncorp NZ’s CEO says central government needs to lead on climate adaptation because attempts made by private industry will be seen as ‘profit driven’
27th Feb 24, 9:05am
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Suncorp NZ’s CEO says central government needs to lead on climate adaptation because attempts made by private industry will be seen as ‘profit driven’
Vero owner Suncorp New Zealand reports 20% gross written premium increase to $1.4 billion, CEO Jimmy Higgins is 'hopeful' customers won't see same level of premium increases in 2024
26th Feb 24, 1:13pm
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Vero owner Suncorp New Zealand reports 20% gross written premium increase to $1.4 billion, CEO Jimmy Higgins is 'hopeful' customers won't see same level of premium increases in 2024
Tower’s CEO says insurer’s gross written premium up 21% in four months, expects full-year profit to be upper end of or exceed guidance of $22m to $27m
21st Feb 24, 11:27am
Tower’s CEO says insurer’s gross written premium up 21% in four months, expects full-year profit to be upper end of or exceed guidance of $22m to $27m
IAG New Zealand's Amanda Whiting says 19% gross written premium growth to more than $2b is ‘pretty significant’ but doesn’t expect growth to continue at same rate
17th Feb 24, 8:45am
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IAG New Zealand's Amanda Whiting says 19% gross written premium growth to more than $2b is ‘pretty significant’ but doesn’t expect growth to continue at same rate
IAG New Zealand’s gross written premium leaps 18.8% and insurance margin rises to 20.8%
16th Feb 24, 11:15am
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IAG New Zealand’s gross written premium leaps 18.8% and insurance margin rises to 20.8%
Insurer Tower says it faced significant challenges this financial year, but its underlying result 'demonstrates resilience and strategic delivery' that positions the company well for long-term sustainable growth and performance
23rd Nov 23, 11:00am
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Insurer Tower says it faced significant challenges this financial year, but its underlying result 'demonstrates resilience and strategic delivery' that positions the company well for long-term sustainable growth and performance
IAG encourages customers whose properties were hardest hit by extreme weather earlier this year 'to reside elsewhere'
20th Sep 23, 7:36pm
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IAG encourages customers whose properties were hardest hit by extreme weather earlier this year 'to reside elsewhere'
Insurer Tower says inflation, motor crime and supply chain issues continued to worsen over the third quarter of its financial year to September
19th Jul 23, 10:11am
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Insurer Tower says inflation, motor crime and supply chain issues continued to worsen over the third quarter of its financial year to September
Mother Nature may always win but we can prepare for and respond to extreme weather more innovatively and realistically, Tower's Blair Turnbull says
13th Jun 23, 1:37pm
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Mother Nature may always win but we can prepare for and respond to extreme weather more innovatively and realistically, Tower's Blair Turnbull says
[updated]
FMA files court proceedings against AA Insurance for allegedly overcharging tens of thousands of customers
8th Jun 23, 11:27am
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FMA files court proceedings against AA Insurance for allegedly overcharging tens of thousands of customers
How Quashed wants to make insurance easy for New Zealanders. And cheaper.
31st May 23, 4:34pm
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How Quashed wants to make insurance easy for New Zealanders. And cheaper.
Tower posts half-year loss, won't pay interim dividend, says it has strong reinsurance cover
25th May 23, 10:42am
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Tower posts half-year loss, won't pay interim dividend, says it has strong reinsurance cover
Tower says the Auckland Anniversary Weekend flood may now cost as much as $225 million, while it says it won't be paying a half-year dividend to shareholders
8th May 23, 10:23am
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Tower says the Auckland Anniversary Weekend flood may now cost as much as $225 million, while it says it won't be paying a half-year dividend to shareholders
Analysts say high inflation will help Tower, after extreme weather events, pass costs on to customers
21st Feb 23, 7:36am
Analysts say high inflation will help Tower, after extreme weather events, pass costs on to customers
Government to mull how NZ meets the costs of climate adaptation and invests in resilience, getting advice on flood insurance options
4th Aug 22, 11:35am
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Government to mull how NZ meets the costs of climate adaptation and invests in resilience, getting advice on flood insurance options
[updated]
Tower CEO Blair Turnbull says reinsurers are questioning their down under exposure, he sees a risk of uninsurable areas in the future
14th Jul 22, 10:37am
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Tower CEO Blair Turnbull says reinsurers are questioning their down under exposure, he sees a risk of uninsurable areas in the future
Tower customers can expect premium changes, as the insurer uses more detailed modelling to price flood risk
10th Nov 21, 5:00am
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Tower customers can expect premium changes, as the insurer uses more detailed modelling to price flood risk
A closer look at the Government's decision to transfer risk from private insurers to the state natural disaster insurer, EQC
3rd Oct 21, 6:00am
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A closer look at the Government's decision to transfer risk from private insurers to the state natural disaster insurer, EQC
Homeowners to receive twice as much cover from EQC in the event of a natural disaster, as the Government transfers a whole lot of risk from private insurers to the state
30th Sep 21, 5:00pm
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Homeowners to receive twice as much cover from EQC in the event of a natural disaster, as the Government transfers a whole lot of risk from private insurers to the state
Tower upbeat despite fall in half-year profit and reduced annual profit guidance
26th May 21, 9:40am
Tower upbeat despite fall in half-year profit and reduced annual profit guidance