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New Zealand tag returned 232 results

  • New Zealand: SMEs increasingly buy insurance directly

    The insurance purchasing landscape is changing considerably in New Zealand, with an increasing number of SMEs choosing to buy at least some of their cover direct rather than through traditional broker channels, according to Vero New Zealand in its latest SME Insurance Index.

    Asia | 21 Oct 2019
  • New Zealand sees rising non-life insurance premiums

    Premiums for dwelling, contents and vehicle insurance in New Zealand surged by 7.6%, 3.5% and 8.4% respectively over the year to September 2019 according to official data agency Stats NZ. The increases were concurrent with rising household costs and transport prices.

    Asia | 17 Oct 2019
  • New Zealand: Building insurance changes proposed

    A taskforce, chaired by Wellington Mayor Justin Lester, has proposed raising the Earthquake Commission (EQC) insurance cap to NZ$400,000 ($253,000) and changing building regulations to make insurance affordable for building and home owners.

    Asia | 10 Oct 2019
  • New Zealand: Food safety risks rising

    Delta Insurance, New Zealand's largest locally owned insurer, has seen an alarming increase in the risks for food producers, most glaringly reflected in a leap in the number of food recalls per capita out of the country that was significantly higher than in Australia.

    Asia | 08 Oct 2019
  • Pacific Life Re names Tyson Johnston as new general manager for Australia

    Pacific Life Re has promoted Tyson Johnston, head of client solutions for Australia, to general manager for Australia.

    People | 04 Oct 2019
  • New Zealand: New regime aims to make insurers treat customers fairly

    The government will be introducing a new regime to regulate financial conduct among insurers, banks and other financial institutions to ensure fair treatment of customers, Commerce and Consumer Affairs Minister Mr Kris Faafoi said yesterday.

    Asia | 26 Sep 2019
  • New Zealand: Youi sells Kiwi portfolio to Tower

    Tower Insurance has signed a portfolio transfer agreement for the purchase of the New Zealand insurance portfolio of South African insurer Youi.

    Asia | 25 Sep 2019
  • New Zealand: Regulators say life insurers can do more to improve conduct

    The Reserve Bank of New Zealand (RBNZ) and Financial Markets Authority (FMA) yesterday published their findings on life insurers' responses to the joint Conduct and Culture Review of the life sector. The regulators say in a joint statement that the findings indicate the need for additional obligations to be included in the regulation of life insurers.

    Asia | 18 Sep 2019
  • New Zealand: 23% of drivers are cutting back on driving

    One quarter (23%) of Kiwis are driving less than they did a year ago, according to the 2019 AA Insurance Lifestyle Survey report.

    Asia | 17 Sep 2019
  • New Zealand: Christchurch's below-ground assets deemed significantly underinsured

    The municipal council of Christchurch, New Zealand's third largest city, is looking at alternative ways to increase insurance coverage of its below the ground assets.

    Asia | 09 Sep 2019

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