Tower reports profits fall even as house insurance premiums rise
The decline happened despite the premiums collected by Tower from the households and businesses it insured increasing by 13% in...
nib purchases New Zealand travel insurance provider OrbitProtect
OrbitProtect was first established in 2005. New Zealand healthcare insurer nib is acquiring a 100% stake in OrbitProtect. OrbitProtect helps...
Insurance costs for schools skyrocket
After Housing New Zealand the Government's second largest publicly owned portfolio is school property, valued at $10.2b across 2300 schools...
Berkshire Hathaway Specialty Insurance Appoints Craig Taylor Regional Head of Property, Australia & New Zealand
Berkshire Hathaway Specialty Insurance Appoints Craig Taylor Regional Head of Property, Australia & New Zealand ...
BRIEF-Reserve Bank Of New Zealand Says Feedback Sought On Insurance Governance And Supervisory Processes
FEEDBACK SOUGHT ON INSURANCE GOVERNANCE AND SUPERVISORY PROCESSES * CONSULTATION IS LAST OF FOUR TOPIC-SPECIFIC CONSULTATIONS AS PART OF OUR...
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,...
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...