New Zealand
Insurance industry lost NZ$1.93b to Cyclone Gabrielle: study
The cyclone, which hit last February, is estimated to cost NZ$1.93b.
Insurance industry lost NZ$1.93b to Cyclone Gabrielle: study
The cyclone, which hit last February, is estimated to cost NZ$1.93b.
New Zealand P&C insurers to see weak profits in 2023
This is due to the recent catastrophic events that occurred in the country.
nib purchases New Zealand travel insurance provider OrbitProtect
OrbitProtect was first established in 2005.
New Zealand August weather insurance losses breach more than $27m
Initial data revealed 3,165 claims filed.
Damaged or lost phones cost New Zealanders $7.58m a year
The data comes from 35,899 contents insurance claims from State Insurance.
New Zealand banks and insurers returns $93.86m after conduct and culture review
The joint review of banks and life insurers was conducted between 2018 to 2019.
New Zealand central bank issues interim solvency standards for insurers
The interim standards will come into force on 1 January 2023.
New Zealand extreme weather claims hit $26.08m in July
Three extreme weather events triggered 6,266 claims for the month.
Dai-ichi Life buys NZ-based insurer for $630m
The acquisition was made through Dai-ichi Life International Holdings.
Chubb rebrands Cigna’s life operations in New Zealand
The current CEO will still take the lead in the rebranded Cigna.
Open Insurance launches partnership with New Zealand telco
The partnership aims to bundle power, mobile, and insurance in one.
Coface expands footprint in New Zealand
The trade credit insurer is opening a local branch in the country.
Health insurer nib buys New Zealand-base insurance firm
Kiwi Insurance Limited was bought for a total consideration of NZ$45m.
ICNZ reports over $86m in insured losses after July storm
The extreme weather saw over 5,000 in claims.
‘Costliest’ tornado bills New Zealand insurers NZ$32m
The tornado tore through the country last June.
New Zealand's EQC secures high reinsurance cover for homeowners
The 12.5% jump in cover shows good value amidst a challenging market, it said.
Delta Insurance Group names Kent Chaplin as COO
New Zealand-based Delta Insurance Group has appointed Kent Chaplin as chief operating officer to support its global growth plans.