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New Zealand tag returned 184 results

  • New Zealand: New rules to require financial advisors to meet competency standards

    A new Code of Conduct will ensure all financial advice provided to Kiwis is of good quality, Commerce and Consumer Affairs Minister Kris Faafoi has said.

    Asia | 20 May 2019
  • New Zealand: Insurers to shrink brick & mortar retail network as digital channels grow

    AMI, which is part of IAG that is New Zealand's largest general insurer, is reviewing aspects of its nationwide network of retail stores as customer preferences change.

    Asia | 16 May 2019
  • New Zealand: Regulator urges life insurers to conduct themselves better

    The Financial Markets Authority (FMA) has raised concerns about issues within the local life insurance sector especially regarding conduct and culture. Speaking at the IFSO Conference 2019, director of regulation Liam Mason said that the FMA's recent review of the sector revealed that there was inadequate leadership as well as a lack of oversight of advisers and intermediaries as two main areas which led to poor customer experience.

    Asia | 15 May 2019
  • New Zealand: Major insurer warns of premium increase for disaster-prone areas

    Customers of Insurance Australia Group (IAG) New Zealand, who live in areas that are more prone to natural disasters and severe weather events could possibly pay more for their home and contents insurance from 1 July onwards. On the other hand, customers who live in areas that are less prone may pay less. Affected customers are from IAG's brands including AMI, NZI and State as well as from banks which IAG provides insurance for, such as ASB, BNZ, The Co-Operative Bank and Westpac.

    Asia | 30 Apr 2019
  • New Zealand: National climate change risk assessment panel appointed

    The government has appointed a panel that will create a framework for New Zealand's first National Climate Change Risk Assessment. The framework will provide the foundation to compare different types of climate risks.

    Asia | 18 Apr 2019
  • Broker makes new hire to progress its life business

    Looking to strengthen its reinsurance offering across Australia and New Zealand, global (re)insurance broker Aon has appointed Mr Danny Alexander as head of life reinsurance broking. In his new role, Mr Alexander will work towards enhancing the delivery of Aon's life insurance and reinsurance solutions in the region.

    Latest News | 15 Apr 2019
  • New Zealand: Most InsurTechs want to improve customer experience

    The majority of InsurTech companies want to improve customer experience, a landmark report commissioned by the working group InsurTechNZ says.

    Asia | 15 Apr 2019
  • Specialist insurer helps to mitigate cyber with new offering

    Given the recent spate of cyber security breaches and looming cyber risks, Delta Insurance has introduced a cyber protection and insurance product across the Asia-Pacific region via a partnership with cyber security firm DynaRisk. The product was intended initially for businesses but can be used by their customers, employees or family members. It seeks to help customers avoid losing sensitive data, experiencing fraudulent transactions or personal information theft and being attacked by ransomware.

    Latest News | 12 Apr 2019
  • New Zealand: Ex RBNZ governor says central bank as supervisor of insurers is a mistake

    Making the Reserve Bank of New Zealand (RBNZ) the prudential supervisor of the general insurance industry is a mistake, according to former bank governor Don Brash.

    Asia | 11 Apr 2019
  • New Zealand: Quake agency looks into establishing early warning system

    The Earthquake Commission (EQC) has launched a research project into what New Zealanders would do if they had prior warning that a strong earthquake was approaching and what type of early warning system would best suit their community.

    Asia | 05 Apr 2019

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