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Aon recorded flat revenues of $2.69 billion in the three months to September 30, down slightly from $2.70 billion last year. The international broking giant told investors that net income attributable to shareholders had increased ...
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Allianz Partners’ research reveals affordability as the key factor for bookin...
Travel considered a way for Kiwis to boost overall wellbeing Covid-19 is still front of mind for international travel Travel insurance now considered essential with a 25% uplift in policies sold As internationa...Ask an Expert
Question: One of our insureds had their business vehicle stolen. There were some personal items in the vehicle that were stolen with the vehicle. The vehicle portion of the claim has been settled. Due to the high excess on perso...
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Question: Our client has claimed under their house insurance for a crack that has appeared in their concrete driveway. This has been caused by the root of a neighbour's tree growing beneath it. The insurer...
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Question: We have an insured who suffered loss of rent due to the tenant vacating for non payment. There is a Tenancy Tribunal order in the insured's favor and the tenant has been lawfully evicted which meets...
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Question: A client contacted the office to advise that the address for their contents insurance was changing, there were no changes made to the owner-occupied home at the time. It appears this was missed (we are unsure whether a...
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Suncorp New Zealand saw post-tax profit fall by 23% in the 12 months to June amid higher natural hazard costs and lower investment returns. The NZ insurance group made $165 million over the year, as Australian parent Suncorp...
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AA Insurance chief executive Chris Curtin is set to retire at the end of 2022 after 28 years at the helm. Curtin has led the company from a start-up to one of the nation’s largest insurers, employing more than 1,000...
IFSO Case Study
A man whose property was “smashed up” by a paying guest was further upset when his insurer applied multiple excesses and provided no loss of rent payment under a landlord’s house insurance policy. In his complaint...
FSCL Case Study
Marge* is a physio with professional indemnity insurance. In December 2021 Marge’s insurer advised that they would not be renewing her insurance policy when the policy expired the following March. In June 2022 Marge learned...
