While many New Zealanders feel confident in their financial decisions, there are significant gaps between their financial goals and actual holdings of investment products, according to new research published by the Financial Markets Authority, a government agency responsible for financial regulation.
Natural Hazards Commission (NHC) has secured a significant boost in reinsurance protection for New Zealand, with NZ$10.3bn ($6.2bn) locked in from 1 June 2025 to help protect homeowners from the impact of natural hazards.
International specialty (re)insurance MGA Rokstone has appointed Mr Rama Chandran as leader of its operations in APAC, following the completion of his notice period at QBE International. In his new role, he will lead Rokstone's its expansion across the market.
Canopius has appointed Mr Brodie English as head of casualty, ANZ and Mr Rob Barnum as head of financial lines, APAC.
Halliwell, a forensic and technical consultancy, has expanded its services in APAC following the acquisitions of IMPARTA Engineers, an insurance-focused technical engineering and structural diagnostics consultancy, and asset purchase of du Chateau Chun, a firm of specialist building regulation, code and compliance advisors.
The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) has appointed Mr Scott Hawkins to its Board.
Canopius has appointed to its APAC leadership team Ms Chiu Channing as regional strategy and transformation lead and Mr Zhang Chen as head of claims, APAC.
Athene, a provider of retirement income and savings services products, has appointed Mr Hugo Choi as senior vice president of corporate development.
Car insurance premiums have almost doubled in the last two years for some car owners in New Zealand according to a study conducted by Consumer NZ.
Fire incidents involving lithium-ion batteries have surged in New Zealand by 17% in the last one year according to data published by AMI Insurance.