New Zealand
Chubb Life NZ names James Dunbar as South Island partnership lead
Chubb Life NZ names James Dunbar as South Island partnership lead
He joined the company in September.
Howden appoints Chris Hughes as CEO of broking in New Zealand
He will report to Matt Bacon, CEO of Howden Pacific.
CFC launches Connect portal for cyber insurance in New Zealand
The portal also lets brokers adjust limits and deductibles without underwriter input.
Most New Zealanders back risk-based pricing for climate-related insurance
60% agree insurers should raise premiums for properties facing higher risks.
Canopius announces new APAC leadership for Casualty, Financial Lines
Brodie English and Rob Barnum have been assigned as heads.
Pinnacle Life gains stable outlook on strong capital position
Operating performance is forecast to remain adequate.
Tower to maintain strong capital levels despite recent payouts
AM Best expects Tower’s adequate operating performance to continue.
New Zealand insurance market to hit $9.6b GWP by 2029
The market is forecast to expand by 10.3% this year.
How will New Zealand’s life insurance sector perform in 2025?
GlobalData expects the market to reach $3.8b in gross written premiums.
Canopius taps ex-QBE exec for ANZ leadership role
He will report to SK Lee, CEO for APAC and MENA.
Allianz Partners, Mitsui Sumitomo Insurance ink deal to expand in New Zealand
The partnership will be useful to MSI's expanding travel insurance offerings.
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.
Commentary
AI isn’t replacing insurance, it’s finally making it work