Kiwi drivers may be putting themselves and others at risk by not taking out car insurance, according to new research by Finder, a car insurance comparison website in New Zealand.
Willis Towers Watson (WTW) has announced the appointment of Lee Garvey as head of financial solutions for Australia and New Zealand to lead the expansion of the Financial Solutions business across the Australasia region.
Insurance consumers in US are generally more satisfied with the digital claims channels of their insurers than the consumers in the UK, Australia, New Zealand and Hong Kong.
NAB, one of Australia's largest banks, has entered into an agreement to sell BNZ Life, its New Zealand life insurance business, to New Zealand life insurance provider Partners Life for NZ$290m ($205m).
One of Australia's largest banks, NAB, yesterday announced it has entered into an agreement to sell BNZ Life, its New Zealand life insurance business, to leading New Zealand life insurance provider Partners Life for NZ$290m ($205m).
A relatively small increase in sea level rise will likely cause at least partial insurance retreat within only 15 years for the vast majority of coastal residential properties at risk of floods, according to a new report. By 2050, most homes in such locations are likely to have experienced full insurance retreat.
The segments of the population who said they felt more need for insurance as a consequence of COVID-19 were more likely to be male (27%); younger people of 24 to 35 (35%); people of Asian ethnicity (40%); and people in the NZ$75,000 ($53,100) to NZ$100,000 income bracket (35%).
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.