An article on the Newsroom web site covered an interview with a lawyer from Bell Gully regarding the problem of commercial tenants not being able to continue paying rent. The article stated that most landlords have loss of rent cover, w...
Last week IBANZ approached Minister Kris Faafoi and the Ministry of Business, Innovation and Employment (MBIE) requesting a delay to the implementation of the Financial Services Legislation Amendment Act (FSLAA). The Act is set to come ...
Further to our earlier newsletter, the FMA have now issued the following statement: The Government has confirmed financial services among its list of essential services that need to continue to operate when New Zealand moves to ...
The Government has said essential businesses and those that support them will continue during the lockdown period. Essential businesses are entities and their workers carrying out services that are...
Top New Zealand lawyer has died in a motorcycle crash while testing out his new Harley Davidson in Australia. Hamilton-born Andrew Hooker, 55, a "preeminent" civil and insurance litigator, who was involved...
Cover-More Travel Insurance has suspended its Cancel for Any Reason (CFAR) add-on product in Australia and New Zealand following the announcement that COVID-19 (coronavirus) is now a pandemic. Judith Crompton, chief executive...
The Insurance Council of New Zealand (ICNZ) has rejected a suggestion that the government underwrite insurance for business interruption losses caused by the coronavirus outbreak. Minor political party Sustainable New Zealand has...
Aon will become the world’s largest insurance broker after agreeing to acquire Willis Towers Watson (WTW) for $US29.9 billion in shares. But it’s not just about being the biggest, according to Aon CEO Greg Case....
Lloyd’s is closing its underwriting room for 24 hours – for the first time in its 330-year history. The “stress test” of the market’s electronic placement platform and other trading alternatives is...
Dealing with client complaints can be a tough job at the best of times, but it can be even worse if you don’t have a solid record-keeping policy. Anand Srinivasan of Brisk Insurance, an insurance adviser who recently spoke at...
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