AM Best Places Credit Ratings of Kiwi Insurance Limited Under Review With Developing Implications
AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer...
Health insurer nib buys New Zealand-base insurance firm
Kiwi Insurance Limited was bought for a total consideration of NZ$45m. The Australian health insurer nib has announced that its...
nib acquires NZ insurance subsidiary
New Zealand subsidiary has confirmed the acquisition of wholly owned subsidiary of Kiwi Group Holdings, Kiwi Insurance Limited. On Monday,...
Volaris Expands in Healthcare and Insurance Verticals with Acquisition of AMS in New Zealand
From the same platform, AMS also offers a highly configurable and comprehensive policy administration system for life insurers in New...
Kiwi Insurance, sister company of Kiwibank, is sold to NIB for $45 million
Kiwi Group Holdings, parent of Kiwibank, is selling its insurance business, Kiwi Insurance Ltd, to NIB NZ Holdings for $45...
Kiwibank life insurance business sold to Australian insurer NIB
Kiwibank's owner has sold its life insurance company for $45 million to health insurer NIB. Kiwi Group Holdings, which owns...
Ola Financial Services to expand insurance business internationally
Ola's parent company ANI Technologies said OFS had a turbulent year (FY21) with the impact of external factors on the...
Global broker Howden launches in New Zealand
After entering Australia earlier this year, international insurance broker Howden has now launched its New Zealand operations with Howden Broking...
Willis Towers Watson names Michael Brown as Head of New Zealand
Global insurance and reinsurance brokerage, Willis Towers Watson (WTW), has announced that interim country leader for New Zealand, Michael Brown,...
AMP records biggest gain on sharemarket after exiting life insurance
AMP, which is dual listed in Australia and New Zealand, was the biggest gainer on the day, up 7.1 per...