Canterbury earthquakes NZ’s most costly insurance event, $38 billion in property claims
The Canterbury earthquakes are by far the most costly insurance events in New Zealand history. The Reserve Bank has released...
Month: February 2021
Private insurance costing taxpayers millions a year – study
Taxpayers are footing an annual bill of up to $11.5 million - the cost of 760 hip replacements - for...
New Zealand insurer Tower buys NZ$14 million portfolio from ANZ
New Zealand insurer Tower is acquiring a portfolio of insurance business underwritten for Australian lender ANZ Group for NZ$14 million...
ANZ New Zealand admits to misrepresentations over credit card insurance charges -regulator
New Zealand's financial markets regulator on Friday said the local unit of Australia and New Zealand Banking Group admitted to...
NZ Code compliance training for general insurance sector launched
ANZIIF is proud to announce the launch of its new Level 5 equivalent compliance training for New Zealand advisers in...
Best’s Market Segment Report: Regulatory, Economic Upheaval in New Zealand Testing Life Insurers
New Zealand’s life insurance market is being tested by regulatory developments and a pandemic fuelled economic downturn, with the uncertainty...