Homes to start losing access to insurance within 15 years – report
Wellington will be hit first, and Christchurch hardest, but all four major cities will be affected with 10,000 homes effectively...
Year: 2020
Many of New Zealand’s coastal homes could have unaffordable insurance within 15 years – new report
Victoria University examined the risk posed by rising sea levels and intense storms on about 10,000 homes in Auckland, Wellington,...
Our story in New Zealand
Our customers are the businesses and entrepreneurs who drive and serve the New Zealand economy and they come to Lloyd’s...
Climate crisis: Thousands of NZ homes risk pulled insurance cover
Thousands of seaside homes around New Zealand could face soaring insurance premiums - or even having cover pulled altogether -...
Allianz Partners introduces international travel insurance with selected cover
As part of its ongoing response to the global Covid-19 pandemic, Allianz Partners New Zealand has today introduced leisure and...
Reserve Bank Invites Feedback On Scope Of Insurance Act And Structure Of Solvency Standards
Te Pūtea Matua is today launching dual consultations on the scope of the Insurance Prudential Supervision Act (IPSA) 2010 and...
Insurance Council chief defends new natural disaster model
Public inquiry involved extensive community engagement and new model addresses resulting calls for customer-centricity, ICNZ says.
New Zealand’s Financial System Supported By Health, Fiscal And Monetary Policy Responses
Te Pūtea Matua has used its monetary policy and regulatory tools in unison to respond to the challenges of COVID-19...
Why the Tower Insurance (ASX:TWR) share price could move lower today
Loss ratio is used in the insurance industry to represent the ratio of losses (claims paid) to premiums earned. As...
Meet these rising AI/ML startups from Australia and New Zealand
In 2019, Australia announced its roadmap for AI technology, with a particular focus on tackling issues related to healthcare, infrastructure,...