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Ella Somers

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2 years 8 months

Latest articles

Toka Tū Ake EQC secures a record $9.2 billion in reinsurance coverage, almost $1 billion more than last year's reinsurance cover
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Toka Tū Ake EQC secures a record $9.2 billion in reinsurance coverage, almost $1 billion more than last year's reinsurance cover
Financial Services Council announces Kirk Hope as its new Chief Executive from September
Financial Services Council announces Kirk Hope as its new Chief Executive from September
Centrix reports 5,000 less overdue consumer accounts in April but sees business liquidations and insolvencies surge by 19% and 30% respectively
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Centrix reports 5,000 less overdue consumer accounts in April but sees business liquidations and insolvencies surge by 19% and 30% respectively
Overseas Investment Office eyes decision on the NZ$410 million sale of Suncorp’s Asteron Life to Resolution Life by early July
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Overseas Investment Office eyes decision on the NZ$410 million sale of Suncorp’s Asteron Life to Resolution Life by early July
Financial Markets Authority finds promising initial response from financial advice providers towards new regime but says there are some ‘gaps’ that could affect customer outcomes
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Financial Markets Authority finds promising initial response from financial advice providers towards new regime but says there are some ‘gaps’ that could affect customer outcomes
Tower Insurance readies its next risk-based pricing tool as CEO says he loves being the insurance underdog competing with bigger Aussie-owned rivals
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Tower Insurance readies its next risk-based pricing tool as CEO says he loves being the insurance underdog competing with bigger Aussie-owned rivals
General insurer Tower reports 20% growth of $291 million in gross written premiums in 2024 first-half result
General insurer Tower reports 20% growth of $291 million in gross written premiums in 2024 first-half result
Insurance comparison portal Quashed sees 300% increase in signups in first quarter of the year as thousands seek out insurance cost savings
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Insurance comparison portal Quashed sees 300% increase in signups in first quarter of the year as thousands seek out insurance cost savings
No improvement to gender savings gap when it comes to KiwiSaver balances, says Retirement Commission as new research finds men have 25% more than women in their KiwiSaver on average
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No improvement to gender savings gap when it comes to KiwiSaver balances, says Retirement Commission as new research finds men have 25% more than women in their KiwiSaver on average
KiwiSaver early withdrawals for home ownership fall while financial hardship withdrawals continue to rise as people withdraw $160 million from their KiwiSaver in April
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KiwiSaver early withdrawals for home ownership fall while financial hardship withdrawals continue to rise as people withdraw $160 million from their KiwiSaver in April
Financial advisory firm National Capital says women are facing $61 billion shortfall in KiwiSaver funds compared to men by retirement
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Financial advisory firm National Capital says women are facing $61 billion shortfall in KiwiSaver funds compared to men by retirement
Seek says job ad numbers down 30% year-on-year in April while the number of applications per job ad rose almost 100%
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Seek says job ad numbers down 30% year-on-year in April while the number of applications per job ad rose almost 100%
Financial mentor charity FinCap sees 'stress and strain' from people seeking financial support against a falling number of financial mentors and reduced funding
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Financial mentor charity FinCap sees 'stress and strain' from people seeking financial support against a falling number of financial mentors and reduced funding
The Warehouse Group says it can’t see how the Commerce Commission ‘can be satisfied’ with Foodstuffs merger on the table
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The Warehouse Group says it can’t see how the Commerce Commission ‘can be satisfied’ with Foodstuffs merger on the table
The availability of EV and hybrid vehicle insurance may have come a long way, but can still cost more than insuring vehicles with internal combustion engines
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The availability of EV and hybrid vehicle insurance may have come a long way, but can still cost more than insuring vehicles with internal combustion engines
Minister of Commerce and Consumer Affairs Andrew Bayly wants new Contracts of Insurance Bill to find the right balance between protecting consumers and giving the insurance industry certainty
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Minister of Commerce and Consumer Affairs Andrew Bayly wants new Contracts of Insurance Bill to find the right balance between protecting consumers and giving the insurance industry certainty
As car insurance premiums continue rising, significantly for some people, is insurance becoming unaffordable?
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As car insurance premiums continue rising, significantly for some people, is insurance becoming unaffordable?
Fisher Funds chief executive Simon Power says KiwiSaver is a 'really important part of the economic outlook' and he would be interested in a KiwiSaver review
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Fisher Funds chief executive Simon Power says KiwiSaver is a 'really important part of the economic outlook' and he would be interested in a KiwiSaver review
IAG says 86% of home buyers and renters now have climate risks front of mind when looking at property
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IAG says 86% of home buyers and renters now have climate risks front of mind when looking at property
Rising car insurance premiums leading to people shifting from comprehensive to third party cover, interest.co.nz car insurance survey suggests
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Rising car insurance premiums leading to people shifting from comprehensive to third party cover, interest.co.nz car insurance survey suggests
KiwiSaver funds under management reach $108.6 billion in March as top players narrow the gap, according to new Morningstar report
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KiwiSaver funds under management reach $108.6 billion in March as top players narrow the gap, according to new Morningstar report
Foodstuffs North Island and Foodstuffs South Island say proposed merger ‘isn’t capable’ of hindering grocery competition, others beg to differ
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Foodstuffs North Island and Foodstuffs South Island say proposed merger ‘isn’t capable’ of hindering grocery competition, others beg to differ
Commerce and Consumer Affairs Minister Andrew Bayly announces insurance law reform, wants to bring insurance law ‘into the 21st century’
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Commerce and Consumer Affairs Minister Andrew Bayly announces insurance law reform, wants to bring insurance law ‘into the 21st century’
Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say
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Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say
Unemployment rate climbed to 4.3% in the March quarter from 4%, just exceeding the Reserve Bank’s expectations
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Unemployment rate climbed to 4.3% in the March quarter from 4%, just exceeding the Reserve Bank’s expectations