Ella Somers
Latest articles
Financial advisory firm National Capital warns non-contributing KiwiSaver members risk $113 billion retirement shortfall
6th Mar 24, 5:00am
by Ella Somers
34
Financial advisory firm National Capital warns non-contributing KiwiSaver members risk $113 billion retirement shortfall
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
by Ella Somers
19
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
Big law firms identify legal and regulatory obstacles detering KiwiSaver providers from investing in private assets
29th Feb 24, 5:00am
by Ella Somers
4
Big law firms identify legal and regulatory obstacles detering KiwiSaver providers from investing in private assets
Toka Tū Ake EQC’s chief financial officer says $225 million catastrophe bond is ‘complementary’ to traditional reinsurance methods
28th Feb 24, 7:42am
by Ella Somers
3
Toka Tū Ake EQC’s chief financial officer says $225 million catastrophe bond is ‘complementary’ to traditional reinsurance methods
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
by Ella Somers
7
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
by Ella Somers
1
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
New Zealand Infrastructure Commission says for every $10 NZ spent on new infrastructure between 2013 and 2022, almost $6 of existing infrastructure has worn out
23rd Feb 24, 5:00am
by Ella Somers
20
New Zealand Infrastructure Commission says for every $10 NZ spent on new infrastructure between 2013 and 2022, almost $6 of existing infrastructure has worn out
Auckland International Airport’s half-year net profit soars to $118.7m while revenue doubles to $440.5m as the airport gains over nine million visitors in six months
22nd Feb 24, 10:19am
by Ella Somers
4
Auckland International Airport’s half-year net profit soars to $118.7m while revenue doubles to $440.5m as the airport gains over nine million visitors in six months
Tower CEO Blair Turnbull says the insurer wants to be competitive and affordable with its pricing – as gross written premium jumps 21% in four months
22nd Feb 24, 7:08am
by Ella Somers
4
Tower CEO Blair Turnbull says the insurer wants to be competitive and affordable with its pricing – as gross written premium jumps 21% in four months
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
by Ella Somers
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
Eggs and kūmara prices have soared since 2017, easily outstripping avocado price increases, making them the 2024 equivalent of smashed avo on toast for millennials
20th Feb 24, 3:15pm
by Ella Somers
21
Eggs and kūmara prices have soared since 2017, easily outstripping avocado price increases, making them the 2024 equivalent of smashed avo on toast for millennials
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
by Ella Somers
20
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
by Ella Somers
7
IAG New Zealand’s gross written premium leaps 18.8% and insurance margin rises to 20.8%
Morningstar says KiwiSaver funds under management rose to $104 billion in the December quarter, with all but two KiwiSaver funds making ‘positive returns’
14th Feb 24, 1:01pm
by Ella Somers
1
Morningstar says KiwiSaver funds under management rose to $104 billion in the December quarter, with all but two KiwiSaver funds making ‘positive returns’
KiwiSaver providers say less complexities and more cross-party collaboration, plus following in the footsteps of Australia's super, needed from new government
12th Feb 24, 10:16am
by Ella Somers
12
KiwiSaver providers say less complexities and more cross-party collaboration, plus following in the footsteps of Australia's super, needed from new government
Climate disasters haven’t shrunk Munich Re’s risk appetite but the reinsurance giant says industry level change is needed to combat growing number of climate crisis events
9th Feb 24, 9:00am
by Ella Somers
8
Climate disasters haven’t shrunk Munich Re’s risk appetite but the reinsurance giant says industry level change is needed to combat growing number of climate crisis events
The Earthquake Commission knew David Seymour was the new Minister responsible for EQC and Southern Response but Seymour's office thought it was someone else
2nd Feb 24, 3:54pm
by Ella Somers
13
The Earthquake Commission knew David Seymour was the new Minister responsible for EQC and Southern Response but Seymour's office thought it was someone else
An MBIE briefing to the new Minister of Commerce and Consumer Affairs shows the Minister will be tackling everything from the Commerce Act to KiwiSaver
1st Feb 24, 1:40pm
by Ella Somers
1
An MBIE briefing to the new Minister of Commerce and Consumer Affairs shows the Minister will be tackling everything from the Commerce Act to KiwiSaver
Labour, Consumer NZ will be watching closely how new Government rolls out financial services reform
31st Jan 24, 2:53pm
by Ella Somers
8
Labour, Consumer NZ will be watching closely how new Government rolls out financial services reform
NZIER says barriers to climate adaptation investment need to be addressed while resilience investment needs to be incentivised
30th Jan 24, 1:31pm
by Ella Somers
4
NZIER says barriers to climate adaptation investment need to be addressed while resilience investment needs to be incentivised
Simon Watts says the Government is ‘moving at pace’ to get adaption framework underway as insurers reflect on last year’s North Island flooding disasters
27th Jan 24, 9:35am
by Ella Somers
82
Simon Watts says the Government is ‘moving at pace’ to get adaption framework underway as insurers reflect on last year’s North Island flooding disasters
Even as the New Zealand labour market has ‘cooled’, Seek says the number of job ads including opportunities to work from home has climbed higher
25th Jan 24, 12:01am
by Ella Somers
33
Even as the New Zealand labour market has ‘cooled’, Seek says the number of job ads including opportunities to work from home has climbed higher