Fire incidents involving lithium-ion batteries have surged in New Zealand by 17% in the last one year according to data published by AMI Insurance.
The Reserve Bank of New Zealand (RBNZ) has published the results from the 2024 General Insurance Industry Stress Test. The exercise assessed insurers' responses to a major earthquake and severe but plausible cyber-risk incidents.
The Insurance Council of New Zealand (ICNZ), otherwise known as Te Kahui Inihua o Aotearoa, has released its annual review for 2024.
Only about 20% of New Zealanders have switched insurance providers in the last two years according to a new survey.
INSTANDA, a policy administration and digital distribution platform for the global insurance market, has appointed Mr Jerry Hall as head of business development, APAC.
Euclid Transactional has appointed Ms Low Wai Ling as senior vice president and tax underwriter, APAC. She is the first tax underwriter based in the APAC region to join Euclid Transactional's global tax insurance team.
A new survey has revealed that the kiwis are getting better at prioritising their health but costs remain a significant barrier in this regard. Two-thirds (65%) of adult New Zealanders consider themselves in good, very good or excellent health (up from 62% in December 2023).
Canopius has appointed Mr Andrew Ziolkowski as the new head of Australia and New Zealand, effective October 2025 and Mr Craig Elliot as head of distribution for Australia and New Zealand.
Novidea has appointed Mr Oren Leshem as vice president of sales for the APAC and MENA regions. In his new role, he will lead sales and growth initiatives in these regions, develop strategic customer relationships, expand the company's presence in emerging markets and manage regional sales teams.
The Financial Markets Authority - Te Mana Tatai Hokohoko (FMA) - has filed a civil proceeding against insurer Insurance Australia Group (IAG) New Zealand for fair dealing breaches in relation to its insurance products.