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Insurance Council of New Zealand - Appointments

Kris Faafoi to become CEO of the Insurance Council of New Zealand Former Labour minister Kris Faafoi will become the new chief executive of the Insurance Council of New Zealand, effective from April 2024. Tim Grafton, who ha...

Feature

Important Appointments in the Industry

Chris Mackinnon to take on regional Lloyd’s role Chris Mackinnon of Lloyd’s is set to become the insurance body’s regional director for Asia, the Pacific, Middle East and Africa. Mackinnon will replace Iain...

Live News

Emergence upgrades cyber insurance policy

Cyber specialist underwriting agency Emergence NZ Limited has launched a major upgrade to its key product’s policy wording. The revamp to Emergence’s Cyber Event Protection policy, marketed to brokers as CEP-005, follow...

Feature

State Insurance reveals its strangest claims of...

Dogs driving vans, stolen false teeth, and speeding jandals were among State Insurance’s most peculiar claims of the year. The insurer has released a list of the most curious claims of the last calendar year, with...

Feature

Market Lane Insurance Group lands in NZ market

Australian insurance group Market Lane has moved into the NZ market. Newly established company Market Lane Insurance Group (NZ) Limited will provide underwriting and placement solutions, covering contemporary and future risks....

Feature

Suncorp NZ profit grows as group warns of reins...

Suncorp NZ reported a small increase in half-year profit, as premium income rose by 20%, but the group warned of likely increases to reinsurance costs. The NZ division of the Australian giant recorded a profit of $94 million for...

Humans of NZI

Gary Rennie: Paving the way for safer roads

A proudly born and raised Cantabrian, Gary Rennie was a career banker for 30 years before stepping into the world of insurance. Four years after the Canterbury earthquakes in 2011, Gary’s first insurance role saw him helping...

Feature

IAG adds A$250 million to 2024 catastrophe insu...

Insurance Australia Group, the owner of State, AMI and NZI, included an extra A$250 million of drop-down cover for a New Zealand-specific second event as it announced its 2024 catastrophe reinsurance programme. The Australia-based...

Insurance

Change in approach needed for natural disaster ...

IAG has called for a change in approach to natural disaster management following last year’s devastating floods. The insurance group reflected on the one year anniversary of the North Island floods and Cyclone Gabrielle,...

Advertorial

PSC Connect going from strength to strength

PSC Insurance Group, an ASX listed company and the parent company of PSC Connect NZ has announced the release of its comprehensive half-year results to December 31, 2023.  The key highlights for the half year are:...

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