New Zealand
Fidelity Life Assurance’s outlook remains stable, boosted by capital
Fidelity Life Assurance’s outlook remains stable, boosted by capital
AM Best expects the company to maintain adequate operating performance.
FMG Insurance Limited's pricing strategy to boost stable operations
However, its financial flexibility is limited.
New Zealand life insurance registers 2%-5% average growth
Claims accepted are at their highest level since 2020
Travel insurance woes rise amongst New Zealanders amidst global tensions
Prompting 73% of individuals to take out insurance.
Asteron Life to strengthen Resolution Life: Fitch Ratings
Asteron Life will form the second-largest life insurer in the country by premium.
Evergreen Partners takes minority stake in Delta International
The transaction took effect last 18 February.
Swiss Re appoints new ANZ head of life, health
He was head of L&H Claims for US since 2016.
First Insurance Limited remains stable amidst looming portfolio transfer: Fitch
The insurer remains open to new business until the transfer.
Insurance sector to aid in New Zealand climate policy development
The CE said a large portion of NZ-ers live in high-risk areas.
Southsure Assurance profitability tied to revenue control: Fitch Ratings
Limited presence and exposure to possible regulatory intervention challenge its profile.
Partners Life’s capitalisation to remain at ‘strongest level’ in medium term
Its in-force portfolio and consistent investment returns have been favourable.
9 in 10 New Zealanders are not financially prepared
1 in 5 retirees has insufficient worth of savings to sustain their current lifestyle.
New Zealand records nearly 10,000 claims for damage from landslides
Losses from landslides have totalled $170m since January 2023.
PICL to sustain a strong capital level amidst growth: AM Best
However, long-duration policies in PICL's portfolio pose reserving risks.
Charles Taylor expands regional network with New Zealand's Carter Briggs Hurle
It aims to enhance claims management across Australasia.
Worldcare rebrands as Allianz Travel Insurance in New Zealand
It now allows travellers to customise insurance packages.
Hanwha Life acquires 75% stake in US firm Velocity Clearing
It aims to establish a foothold in the US financial sector.
Thought Leadership Centre
In Association with
Most Read
1. Bajaj Allianz launches exclusive insurance for women 2. Manulife unveils IUL product tied to S&P 500 returns 3. Australian firms expect financial crime surge in 2025 4. Singapore general insurance increases 6.3% YoY in 2024 5. Prudential Singapore launches Wealth Suite for high net worth clientsResource Center
Read Here
Advertise
Sign Up
Awards
Jul
08
Events
Event News
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
Rethinking insurance for the masses
Navigating risk strategies for decommissioning traditional power plants