The costs associated with some New Zealand adventures can be just as expensive as their overseas equivalent, according to Southern Cross Travel Insurance (SCTI).
The Insurance Council of New Zealand (ICNZ) is calling for the Fast-Track Approvals Bill to bolster resilience and ensure development projects safeguard people and property against natural hazard risks such as flooding.
The government-run natural disaster insurance provider, EQC, has secured a record level of reinsurance of NZ$9.2bn ($5.7bn) from 1 June 2024 to protect New Zealand homeowners from the impact of natural hazards and keep home insurance affordable.
The Insurance Council of New Zealand (ICNZ) has lauded the additional funding allocated in Budget 2024 to invest in building resilient communities affected by the Auckland Anniversary Weekend flooding and Cyclone Gabrielle events.
Emergence Insurance has appointed Ms Katrina Hickson as head of distribution, a newly created role. In her new role, she will lead the business development team, oversee the national accounts strategy, foster key partnerships and expand the cyber insurance specialist underwriting agency's market presence across Australia and New Zealand.
The Financial Services Council's (FSC) latest Financial Resilience Index tracker indicates that the outcomes of some economic decisions made since the start of the COVID-19 pandemic are really biting across New Zealand.
BMS Risk Solutions (BMS) has appointed Mr Nathan Richmond as director BMS Auckland. In his new role, Mr Richmond will direct BMS' North Island expansion in collaboration with operations in Christchurch and Dunedin, while also contributing to the group's strategic goals. He will manage the Auckland operational team.
New nationwide research from insurers AMI, State and NZI reveals that climate concerns have grown to the point that 86% of people would now consider climate risk when choosing a home, compared to 55% only two years ago, said IAG New Zealand.
The Ardonagh Group, one of the world's largest independent insurance broking platforms, has entered into a Scheme Implementation Deed (SID) to acquire all of the issued ordinary shares in PSC Insurance Group.
Fidelity Life, New Zealand's largest independent life insurer, has launched a promotional campaign offering three months of free premium coverage to new clients.