IBANZ Forum
Question: I am looking for an expert opinion on the correct treatment of GST in commercial marine claims settlements using the following as an example. The insurer is Australian based and its transactions in New Zeal...
IBANZ Forum
Question: Hi, We have a client whose rental home suffered significant damage as a result of the Auckland floods. The tenants vacated the property immediately and the insurer/assessor arranged strip out of the property. Thi...
FSCL Case Study
Debra* has a fabric manufacturing business. Debra’s stock is manufactured and stored in a large factory in Wellington where she has 14 staff members. One evening after Debra and her staff had left work for the day, several in...
FSCL Case Study
John* and Ida* booked flights to Queenstown for a guided hiking tour in March 2023. Their hiking tour was scheduled to begin the morning after they arrived in Queenstown. John and Ida's flight was cancelled due to poor weather...
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JAVLN, a cloud-based insurance policy management platform, has acquired Technosoft Solutions’ document management and workflow software, including OfficeTech. The Australian acquisition is JAVLN’s second this year....
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Cyber insurance specialist Emergence has launched in New Zealand, hiring a well-known face from the industry to lead its push from across the Tasman. Emergence Insurance CEO Troy Filipcevic said New Zealand was always part of his...
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Auckland and Waikato are the country’s top spots for ram raids and commercial crime, according to data from NZI. Insurance claims for commercial crime rose by 26% last year, with Auckland bearing the brunt of this...
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Suncorp New Zealand reported a post-tax profit of $115 million for the year to June 30 — a 30% fall from the previous year. The company said significant weather events, a more than 50% increase in natural disaster...
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Insurance industry loss estimates from Cyclone Gabrielle have surpassed the $2 billion mark according to data provider PERILS. Losses have hit $2.018 billion, according to the latest data from the research group, up from a previous...
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Vero Insurance has appointed experienced engineer and technical underwriter Jacob Hewitt to its business property team. The firm said the hire would bolster the firm’s capabilities amid the emergence of new and complex...
