New Zealand
New Zealand’s insurers maintain strong solvency under strict regulations
New Zealand’s insurers maintain strong solvency under strict regulations
Demand for non-life insurance is driven by exposure to natural hazards.
Chubb appoints Howell as head of general insurance for Australia, NZ
He will report to Marcos Gunn, regional president of APAC.
Police Health Plan maintains a robust balance sheet
It benefits from a high penetration rate within the police force.
nib NZ maintains solid underwriting earnings
Its capital adequacy remains sturdy.
Accuro pulled out from AM Best’s roster
UniMed, the receiver of the portfolio, is now the third-largest health insurer.
S. Korean insurers’ Q124 profits plummet by 11.1%
This was equivalent to $3.58b.
Rising claims spark fears amongst New Zealand home buyers
CEO urges insurers to ensure insurance accessibility.
BMS appoints new Auckland director
Richmond previously with Marsh in various global roles.
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.
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