Fire and Emergency New Zealand (FENZ) has started a public consultation on the proposed Fire and Emergency levy for the period 1 July 2026 - 30 June 2029.
The number of Kiwis with health insurance has increased in New Zealand from 1.18m in 2022 to 1.45m in 2023, as attitudes change, according to the Financial Services Council (FSC NZ).
Brisbane-headquartered Suncorp Group yesterday announced that it had signed a share sale and purchase agreement with Resolution Life, Resolution Life Group's holding company in Australia and New Zealand (Resolution Life), to sell its New Zealand life insurance business, Asteron Life.
While 98% of homeowners have insured their homes and 95% of car owners have insured their cars, just 20% of New Zealanders have insured their income against sickness or disability, the Financial Services Council (FSC) pointed out in a blog on the perception gap and life insurance.
Nine in 10 homebuyers are now considering natural hazard risk when deciding on a property, according to a new EQC Toka Tu Ake NeilsenIQ report.
New research by private health insurer, nib New Zealand, has revealed that almost half of Kiwis (47%) are behind on their general health check, yet the majority believe their current health is in good shape.
The Insurance Council of New Zealand (ICNZ) has introduced more detailed reporting about complaints in a commitment by the insurance industry to provide greater transparency and openness to New Zealanders.
Minister of Commerce and Consumer Affairs of New Zealand Andrew Bayly has said that he wants to revert to a twin-peak regulatory model in the financial sector.
Women were less likely to have travelled overseas in the last 12 months than men (38% v 50%), while Millennials and Gen Z are more likely than other groups to have travelled overseas (57% and 48% respectively), according to the "Future of Travel 2024" report released by Southern Cross Travel Insurance.
The New Zealand general insurance industry is set to grow at a compound annual growth rate (CAGR) of 7.3% from NZ$9.7bn ($5.9bn) in 2024 to NZ$12.9bn ($7.9bn) in 2028, in terms of gross written premiums (GWP), according to data and analytics company, GlobalData.