Live News
Confirmation of FMA levies 2021 onwards

Following the review of the Financial Markets Authority funding earlier this year, the Government announced an increase to the FMA’s funding to reflect the expansion of the FMA’s remit and responsibilities.  In May, the...
Advisers & pitfalls with good record keeping

The new regulations around record keeping may sound relatively simple, but according to Anthony Harper partner Nick Summerfield, records is an area where advisers often trip up. From March 15, 2021, advisers will be required to kee...
Car Insurance - One in six Kiwis have lied

Roughly one in six (15%) New Zealanders admitted that they have not been fully truthful during their application for car insurance, a survey found. This means that thousands of Kiwis are at risk of having their claims rejected once...
Australia, D&O and litigation funding reform

The  Insurance Council of Australia  has outlined its support for several proposed changes to Australia’s class action regime and litigation funding industry. Speaking via video conference before the Parliamentary...
FMA back to business as usual

Among the FMA’s priorities for the next six months include monitoring the changing regulatory risks as the Covid-19 pandemic plays out across New Zealand and around the world. In an  announcement , the regulator expects...
IAG confirms it will close several AMI stores

IAG  New Zealand confirmed that it will close 53  AMI  retail stores, as well as its one remaining  State  retail store. The insurance giant  first revealed  its plan to close several AMI stores...
Lloyd’s to differentiate performers

The last few years have been tough for Lloyd’s of London as declining performance and complaints about the high cost of doing business in the 330-year old insurance marketplace have grown increasingly loud. In response,...
COVID-19 & NZ’s fight against climate change

Many New Zealanders think that the government and the country are on the right track in battling climate change, but are concerned the COVID-19 crisis will get in the way, a study commissioned by  IAG  has revealed....
Arthur J. Gallagher delivers “excellent” quarter

Arthur J.  Gallagher  & Co. (AJG) has reported strong financial results for the quarter ending June 30, 2020, despite the immense challenges presented by the COVID-19 pandemic. The insurance brokerage and risk...
Marsh & McLennan Companies unveils Q2 Results

Marsh  & McLennan Companies (MMC), the name behind the likes of Marsh and  Guy Carpenter , is the latest to shine a spotlight on the impact COVID-19 has had on its operations with the unveiling of its second quarter 2020...

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