Insurance
Countdown begins for final settlement offers from government’s on-sold property programme for Canterbury homeowners with earthquake-damaged properties
27th Feb 25, 8:30am
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Countdown begins for final settlement offers from government’s on-sold property programme for Canterbury homeowners with earthquake-damaged properties
Nib New Zealand reports $10.9 million loss as claims inflation and economic pressures mount
24th Feb 25, 1:23pm
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Nib New Zealand reports $10.9 million loss as claims inflation and economic pressures mount
IAG New Zealand reports $2.1 billion from insurance premiums in half-year result as premium growth rises across direct, broker, and bank channels
13th Feb 25, 2:07pm
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IAG New Zealand reports $2.1 billion from insurance premiums in half-year result as premium growth rises across direct, broker, and bank channels
Suncorp New Zealand’s half-year profit soars past full-year 2024 result, but insurance premium growth slows
12th Feb 25, 2:30pm
Suncorp New Zealand’s half-year profit soars past full-year 2024 result, but insurance premium growth slows
Tower Insurance warns New Zealand needs to clarify climate adaptation funding to avoid California-style insurance crisis amid rising natural disaster risks
11th Feb 25, 2:57pm
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Tower Insurance warns New Zealand needs to clarify climate adaptation funding to avoid California-style insurance crisis amid rising natural disaster risks
Insurance premiums rise nationwide with Wellingtonians and Cantabrians paying up for general insurance & Aucklanders for car insurance
10th Feb 25, 4:33pm
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Insurance premiums rise nationwide with Wellingtonians and Cantabrians paying up for general insurance & Aucklanders for car insurance
New Zealand ranks second in OECD for natural disaster costs as infrastructure faces rising risks
5th Feb 25, 9:28am
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New Zealand ranks second in OECD for natural disaster costs as infrastructure faces rising risks
Suncorp Group receives first payment for Asteron Life sale after acquisition's completion
3rd Feb 25, 3:02pm
Suncorp Group receives first payment for Asteron Life sale after acquisition's completion
Gary Yohe explains why he's worried the California insurance crisis could trigger broader financial instability
22nd Jan 25, 10:22am
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Gary Yohe explains why he's worried the California insurance crisis could trigger broader financial instability
Natural hazards abound in New Zealand and insurance premium costs are rising, so would a broader range of insurance products be useful?
13th Dec 24, 5:00am
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Natural hazards abound in New Zealand and insurance premium costs are rising, so would a broader range of insurance products be useful?
ACC Minister Matt Doocey reveals big hikes to ACC levies and announces a review into the scheme over cost and rehabilitation concerns
12th Dec 24, 4:24pm
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ACC Minister Matt Doocey reveals big hikes to ACC levies and announces a review into the scheme over cost and rehabilitation concerns
Southern Response expects to cut at least 15 roles by June 2025 as the Government insurer works out its future
4th Dec 24, 1:25pm
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Southern Response expects to cut at least 15 roles by June 2025 as the Government insurer works out its future
Natural Hazards Commission says the current natural hazards insurance levy is ‘insufficient’ and would need to be 50% higher to break even
4th Dec 24, 7:26am
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Natural Hazards Commission says the current natural hazards insurance levy is ‘insufficient’ and would need to be 50% higher to break even
Tower Insurance says the insurance industry is ‘particularly exposed’ to the financial consequences of climate change
30th Nov 24, 9:20am
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Tower Insurance says the insurance industry is ‘particularly exposed’ to the financial consequences of climate change
Record result for Tower Insurance following on from a ‘tough year’ as the insurer reveals big annual premium growth targets for the next three years
29th Nov 24, 9:07am
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Record result for Tower Insurance following on from a ‘tough year’ as the insurer reveals big annual premium growth targets for the next three years
Tower Insurance’s premiums closes in on $600 million, CEO says insurance premiums will stablise as inflation comes down
28th Nov 24, 9:50am
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Tower Insurance’s premiums closes in on $600 million, CEO says insurance premiums will stablise as inflation comes down
Falling house prices will be the most tangible sign climate change is driving an insurability crisis that disrupts wider financial stability, Andrew J. Hoffman says
22nd Nov 24, 10:12am
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Falling house prices will be the most tangible sign climate change is driving an insurability crisis that disrupts wider financial stability, Andrew J. Hoffman says
Letter from Judith Collins to Nicola Willis before the sinking of HMNZS Manawanui warned of risks associated with uninsured navy vessels
18th Nov 24, 4:00pm
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Letter from Judith Collins to Nicola Willis before the sinking of HMNZS Manawanui warned of risks associated with uninsured navy vessels
After self-reporting, Quest Insurance Group cops RBNZ warning for failing to maintain its minimum non-life solvency margin and statutory fund for its life insurance business
12th Nov 24, 12:35pm
After self-reporting, Quest Insurance Group cops RBNZ warning for failing to maintain its minimum non-life solvency margin and statutory fund for its life insurance business
Climate report warns of steep insurance premium increases and coverage gaps for coastal homes, with 10,000 properties at risk by 2050
11th Nov 24, 3:47pm
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Climate report warns of steep insurance premium increases and coverage gaps for coastal homes, with 10,000 properties at risk by 2050
Reserve Bank’s latest financial stability report says risk-based insurance pricing is a continuing trend and high-risk properties may see further increases
5th Nov 24, 11:17am
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Reserve Bank’s latest financial stability report says risk-based insurance pricing is a continuing trend and high-risk properties may see further increases
Quashed data shows strong annual insurance premium rises, with differences between major cities and age groups
2nd Nov 24, 9:04am
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Quashed data shows strong annual insurance premium rises, with differences between major cities and age groups
ICNZ opposes UK-style flood reinsurance scheme for NZ, saying it could send the wrong signals
24th Oct 24, 6:37am
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ICNZ opposes UK-style flood reinsurance scheme for NZ, saying it could send the wrong signals
Insurance representative bodies from New Zealand, Australia, Canada, and the UK urge their governments in a joint letter to collaborate with insurers in order to decrease natural hazard risk
21st Oct 24, 1:05pm
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Insurance representative bodies from New Zealand, Australia, Canada, and the UK urge their governments in a joint letter to collaborate with insurers in order to decrease natural hazard risk
AA Insurance reports $864.4 million in premiums for 2024, with annual profit nearly tripling to $108.2 million
18th Oct 24, 2:06pm
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AA Insurance reports $864.4 million in premiums for 2024, with annual profit nearly tripling to $108.2 million
