The number of non-contributing members to KiwiSaver, a voluntary savings scheme to help New Zealanders fund their retirement, is on the rise, according to the chief executive of the Financial Markets Authority (FMA), Ms Samantha Barrass.
Specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership, Pine Walk, has launched Arenite Specialty.
Nearly 70% of Gen Z would consider professional financial advice in contrast to the 18% who are currently receiving advice or have received advice in the past according to new research by the Financial Services Council (FSC) of New Zealand.
Association of Consumers and Taxpayers (ACT) New Zealand has proposed a fundamental change in how the country funds healthcare. It has called for the adoption of compulsory health savings accounts (HSAs) for all citizens.
The softening insurance market in New Zealand has continued through 1H2025, according to Gallagher Insurance's "Insurance Market Update", published in August 2025.
Canopius has appointed Mr Ray Wong as energy underwriter. According to Mr Johnny Kim, Canopius head of energy and construction, APAC, Mr Wong's technical depth and commercial mindset make him an excellent addition.
Kennedys, a global litigation and dispute resolution firm with a specialisation in insurance, has promoted Mr Ben Forrest (Sydney) and Mr George Abraham (Melbourne) to special counsel for insurance in Australia.
Tokio Marine Kiln has appointed Ms Phoebe Liew as special risks underwriter, focussing on credit and political risk.
Within its health and benefits (H&B) business in Southeast Asia, WTW has appointed Mr Fong Han Wei as head of H&B, Singapore Mr Lim Choo Ho as head of H&B, Malaysia.
House insurance is becoming increasingly out of reach for New Zealanders as cost of house insurance in the country has risen by a staggering 916% since 2000. A new report has called for urgent action to prevent insurance becoming inaccessible for the Kiwis.