Health and life insurance play an important role in New Zealand's healthcare system, and now there is an opportunity to better recognise and strengthen that role alongside the public system, according to a new report by the Financial Services Council of New Zealand (FSC).
Mandarin Re has appointed Mr Patrick Ward to its Board of Directors.
Canada Life Re has announced the formation of its new regional office in Singapore, and appointed Mr Wil Chong as CEO to lead the entity.
Mandarin Re, a specialty property and casualty reinsurance company, has increased its paid-up capital to $26m.
New Zealand's government opened a consultation on 10 August over a proposed levy covering prudential regulatory costs.
The Southern Cross Health Society (Southern Cross) has appointed Ms Jan O'Keefe as its next CEO, effective 1 February 2027.
Swiss Re has appointed Mr Benjamin "Ben" Savill as CEO Australia and New Zealand, effective 1 October 2026, and subject to regulatory approval.
Markel Insurance, the insurance operations within Markel Group, has appointed Mr Abbas Choker as CFO, APAC.
Insurers in New Zealand have welcomed the Climate Change Response Amendment Bill, which sets out a long-awaited framework for climate adaptation. The industry has, however, said that funding, implementation and durable political support will be critical to turning plans into meaningful risk reduction.
Tower Insurance has appointed Mr Len Elikhis as CFO, subject to completion of regulatory processes and effective 2 November 2026.