Cyclone Gabrielle insurance claims reach almost $900 million
Insurance claims after Cyclone Gabrielle have almost reached the $900 million mark. Provisional general insurance claims data for Cyclone Gabrielle...
Year: 2023
Cyclone Gabrielle: Insurance claims reach $890 million mark as insurers doing ‘all they can’
Insurance claims after Cyclone Gabrielle have almost reached the $900 million mark. Provisional general insurance claims data for Cyclone Gabrielle...
Credit Suisse is an anomaly: why Australia and New Zealand are safe from ‘bank run’ contagion
The chances of any bank in Australia or New Zealand following the trajectory of Silicon Valley Bank and Credit Suisse...
Cyclone Gabrielle: The New Zealand flood victims too scared to go home
The mother of two lived in the Hawkes Bay area, one of the regions worst hit by Cyclone Gabrielle. When...
New Zealand floods industry loss pegged at NZ $1.65bn by PERILS
This year's severe flooding that affected the Auckland region of the North Island of New Zealand is initially estimated to...
New Zealand North Island flood industry loss estimated NZ $1.65bn by PERILS
Catastrophe loss data aggregator PERILS AG has provided an initial estimate of the insurance and reinsurance market loss from the...
Global Insurance Gap Report Highlights Local Issues
annual global insurance protection gaps, two of which are of particular concern for Aotearoa New Zealand in the area of...
Insurance a luxury that may have to go, teacher at top of pay scale says
Sharyn Spotswood is a teacher of 20 years and, compared to others, is doing well but has to supplement her...
Suncorp CEO warns poor infrastructure could push insurance premiums up
The head of one of New Zealand’s largest insurers believes the country’s lack of quality water infrastructure could push premiums...
New Zealand P&C insurers to see weak profits in 2023
This is due to the recent catastrophic events that occurred in the country. A study revealed that property and casualty...