NZ gets ‘fossil’ shame award at climate conference as new funds announced
Debates have raged for decades on the issue, including liability and compensation and some have suggested establishing a central fund,...
Month: November 2022
Australia’s ANZ to pay $28 million to settle consumer credit insurance lawsuit
A pedestrian is reflected in the window of a branch of the Australia and New Zealand Banking Group (ANZ) in...
Insurers call for ‘urgent’ action as climate change drives up home insurance costs
Treasury is closely monitoring whether the sector is charging more for home insurance after the state stepped up how much...
Climate change tops agenda of New Zealand insurance companies
Flooding, droughts, and other climate disasters have dominated the agenda at the Insurance Council of New Zealand 2022 Conference.
COP27 climate change conference: New Zealand announces loss and damage funds of $20 million
It is a compromise reached between developed and developing countries, as opposed to straight compensation for climate-linked losses after disasters...
New insurance promises quick payouts after Pacific cyclones
As the cyclone season gets underway in the South Pacific, it's hoped a new type of insurance on offer could...
Weather-related insurance claims up 34 per cent
This comes amidst a 34 per cent rise in weather-related insurance claims when compared to the same ... which will...
Westpac New Zealand is offering reassurances to customers concerned about falling house prices
She says the bank is proactively contacting customers at risk of hardship, or who might experience big mortgage rate increases....
How a grand new building and swanky restaurant became a financial disaster for the Christchurch RSA
The vision was to transform from a place where old blokes drank cheap beer to entice a younger and cooler...
The top 10 New Zealand tweets of all time
But the official worst New Zealand tweet, for those curious ... whose public persona exists almost exclusively within the twin...