Dai-ichi Life Group's New Zealand subsidiary, Partners Group Holdings, has agreed to acquire 100% of Fidelity Life Assurance Company for NZ$630m ($369m). This effectively expands the Japanese insurer's presence in the country's life insurance market. The transaction, which remains subject to regulatory approvals and other conditions, is expected to close by July 2027.
APAC has become what he described as "the engine room for global aviation industry growth and aerospace".
Chubb New Zealand has promoted Mr Jon Longmore to the role of Country President of New Zealand, effective September 2026.
New Zealand's insurance regulator, the Financial Markets Authority (FMA) has published new research addressing significant knowledge gaps within Aotearoa New Zealand's financial system about experiences of local indigenous people with insurances.
Key indicators of workplace wellness index have shown minimal movement across Australia and New Zealand in recent years, according to a recent survey.
Suncorp exceeded its A$1.77bn ($1.26bn) natural hazard allowance by A$254m and paid out more than A$10bn in claims. Despite that, the insurer reported a net profit after tax of A$1.03bn, and cash earnings of A$1.04bn.
IAG New Zealand has announced its financial results for the financial year ended 30 June 2026, delivering a reported insurance margin of 22.8% (FY2025: 27.4%).
Mandarin Re has appointed Mr Patrick Ward to its Board of Directors.
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).
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.