As part of its ongoing response to the global COVID-19 pandemic, Allianz Partners New Zealand recently introduced leisure and business travel insurance for international travel with selected cover for epidemic and pandemic diseases.
The Reserve Bank of New Zealand has launched dual consultations on the scope of the Insurance Prudential Supervision Act (IPSA) 2010 and associated Insurer Solvency Standards.
The Insurance Council of New Zealand yesterday released its preliminary figures for the 4-5 October Ohau fire, with NZ$34.8m ($24.1m) paid for insured losses.
The first statement defining the purpose of New Zealand's retirement income system was released last month by Retirement Commissioner Jane Wrightson.
The Sustainable Finance Forum (SFF) has launched a report, presenting a roadmap for building a sustainable financial system by 2030.
The Financial Markets Authority (FMA) has released the final standard conditions for a full Financial Advice Provider licence and confirmed three classes of financial advice service, following extensive consultation with the industry.
Almost a year on and the cost of the Timaru hailstorm, that went through Timaru on 20 November 2019, has increased again, with insured losses now totalling NZ$171m ($116m), the Insurance Council of New Zealand says.
The government-run Earthquake Commission (EQC) and private insurers yesterday announced a new partnership that will provide an improved, more collaborative approach to supporting New Zealanders through natural disasters in the future.
The rate of increase in the cost of group healthcare in Asia Pacific is expected to slow down to 8% in 2021, from a projected 8.7% in 2020, due to a decrease in medical plan utilisations arising from the COVID-19 pandemic, according to a survey by Aon.
New Zealand's leading health insurance brand Southern Cross Health Society Group has posted a surplus of NZ$32.4m ($21.5m) for the year ended 30 June 2020 (FY2020). This was three times the NZ$10.7m surplus reported for the previous financial year.