Natural Disaster

Feature

Fire Service Levy: Overhaul needed already

By Insurance Council of NZ

Last year, the Insurance Council of New Zealand (ICNZ) advised MPs that taxing insurance policies to pay for Fire and Emergency New Zealand (FENZ) was unfair, costly, complex and eventually unsustainable. The previous Government ploughe...

Live News

Survey shows New Zealand businesses aren't full...

New Zealand businesses are not as prepared as they should be when it comes to dealing with emerging risks, a new survey shows. Marsh’s seventh survey of risk, conducted in September across a range of Kiwi organisations, showe...

Live News

Bill to extend transitional levy

A bill that will extend the transitional levy rate for Fire and Emergency New Zealand to June 30, 2020, was introduced to Parliament at the end of October by Internal Affairs Minister Tracey Martin. Martin said the introduction of ...

Live News

NZ second-riskiest in the world

New Zealand has been ranked as the second-riskiest country in the world in a major international study released by Lloyd’s of London. The report looks at non-life underinsurance and insurance penetration data for 43...

Feature

Insurers: Concerns to address for earthquake cl...

Insurers are cautiously welcoming a proposed tribunal to deal with Canterbury earthquake settlements. Justice Minister Andrew Little introduced a bill designed to help Cantabrians resolve outstanding residential insurance claims...

Live News

Significant reform needed for EQC: Report

An independent report has called for wide-ranging reforms to speed up the resolution of outstanding EQC claims. The report was prepared by Christine Stevenson, acting chief executive of New Zealand Customs, who was appointed...

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