New Zealand

Rising claims spark fears amongst New Zealand home buyers

CEO urges insurers to ensure insurance accessibility.
2 days ago

Rising claims spark fears amongst New Zealand home buyers

CEO urges insurers to ensure insurance accessibility.
2 days ago

BMS appoints new Auckland director

Richmond previously with Marsh in various global roles.
2 days ago

Pinnacle Life sees steady operating performance

AM Best projects the insurer to have a stable outlook against a solid balance sheet.

New Zealand supports comprehensive reform of insurance legislation

The ICNZ also pledges to collaborate with the government and regulators.

Peak Re reports ‘best-ever’ earnings with $200m in FY’23

Favourable January renewals are seen to sustain strong underwriting margins.

NZ general insurance GWP to grow 7.3% annually

The industry is seen to climb 8.3% in 2024.

Which pet breeds are the most expensive to insure?

Southern Cross Pet Insurance paid a total of AU$30m in claims last year.

Momentum Life logs gains with expansion, strategy: AM Best

The company’s capital remains enough to support other operations despite a planned expansion.

Prospects brighten for Fidelity Life Assurance's operating performance

The company's financial flexibility is bolstered by its two largest shareholders, said AM Best.

FMG Insurance leads rural insurance in New Zealand: AM Best

Geographical diversification across New Zealand helps spread insured risks.

New Zealand trade union urges income insurance amidst rising redundancies

The CTU President said New Zealand ranks among the countries with the lowest levels of redundancy protection globally.

IAG New Zealand’s first-half GWP leaps nearly a quarter from last year

The NZ business has processed more than 52,000 claims from the increasing risks and extreme weather events in 2023.

Over two-thirds of New Zealanders fret over house insurance costs

Consumer NZ urges New Zealanders to review their current level of cover and shop around.

Dai-ichi seen to cushion Partners Life's Expansion in New Zealand with capital support

Dependency on third-party reinsurance could offset the insurer’s standing.

New Zealand’s non-life market ‘stable’, good premium growth is anticipated: AM Best

Volatile weather conditions, tightening reinsurance capacity, and reinsurance rate increases may increase volatility.

IAG enters cyclone reinsurance pool

It aims to reduce insurance premiums for eligible policyholders in cyclone-prone areas.