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New Zealand tag returned 216 results

  • New Zealand: Non-life insurer posts 79% surge in net profit

    IAG New Zealand, the largest non-life insurer in New Zealand, has increased its profit by 79% in the year ended 30 June 2019 (FY2019), due to higher premiums and low natural disaster claims.

    Asia | 19 Aug 2019
  • New Zealand: Call for building insurance to be made compulsory for new homes & renovations

    Construction insurance or a building guarantee should be compulsory for people building a new home and carrying out renovations worth over NZ$30,000 ($19,300), according to a majority of submissions to the government.

    Asia | 15 Aug 2019
  • Broker selects New Zealand head of M&A and transaction solutions

    Aon has appointed Mr Jonty Vavasour as executive director of M&A and transaction solutions in New Zealand who will be responsible for further building its M&A and transaction liability offering in the country. He joins the broker's dedicated team of over 200 M&A and transaction solutions specialists in 22 major financial centres globally. Based in Aon's Auckland office, he started his new role on 12 August.

    Asia | 13 Aug 2019
  • Pacific: Region sees largest composite pricing increases in 2Q - Marsh

    Premium price gains in the Pacific region, including Australia and New Zealand, tripled the pace of global increases in the second quarter of this year, a Marsh report shows.

    Asia | 13 Aug 2019
  • New Zealand: Wellington port to to receive over US$320m for quake damage

    Centreport in Wellington will receive over NZ$500m ($323m) in insurance compensation for damages which had arisen from the 2016 Kaikoura quake.

    Asia | 08 Aug 2019
  • Australia: Suncorp undergoes leadership restructure

    Following major changes involving the establishment of a new customer and digital function, Suncorp CEO of customer marketplace Pip Marlow has decided to leave the business effective end of August. The new function will be led by Ms Lisa Harrison, who will become the Australian insurance, banking and finance corporation's chief customer and digital officer.

    Asia | 07 Aug 2019
  • New Zealand: Farmers expected to demand more complex insurance solutions

    There will be continued growth in demand for insurance among farmers and growers, with the breadth and complexity of requirements increasing, primarily driven by increasing diversity and technology, says rurally focused insurer, FMG.

    Asia | 07 Aug 2019
  • New Zealand: Life insurers leave conduct guide to "gather dust"

    The Conduct Guide, published by the the Financial Market Authority (FMA) in February 2017, had either not really been looked at all by many of the institutions which were not directly licensed by the FMA or had been looked at, discussed at board level, and then put to one side to gather dust in the corner.

    Asia | 05 Aug 2019
  • New Zealand: Concern grows about climate change

    The proportion of Kiwis who feel the issue of climate change is important to them personally has grown to 79% this year, from 72% last year.

    Asia | 02 Aug 2019
  • New Zealand: FMA sets out key focus areas for the year ahead

    The Financial Markets Authority (FMA) has developed its Annual Corporate Plan (ACP) for 2019-2020 based on a new sector-based approach that is set out in a refreshed Strategic Risk Outlook that provides the regulator's medium-term view of the most significant risks, as well as the major opportunities and challenges, to deliver its mission of fair, efficient and transparent financial markets.

    Asia | 25 Jul 2019

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