Stories
QBE Insurance has signed on as the anchor tenant of the renovated office block at 125 Queen St. Through an office leasing process led by CBRE New Zealand, QBE Insurance has confirmed it will be taking 2166 sq m over three levels on...
Stories
New Zealand’s largest insurer says it is considering a number of options in response to changing market conditions, and the rising numbers and costs of claims. IAG New Zealand says working with offshore partners is one way it...
Stories
The Insurance Council of NZ is encouraging consumers of insurance and community and consumer groups to have their say on the review of the Fair Insurance Code. The code sets standards for general insurers who are members of I...
Stories
Deputy Prime Minister Winston Peters wants a state-owned insurance company. He said the country needed a domestic competitor because the insurance industry was dominated by international planners. "[We have]...
Stories
Personal lines insurers could be expected to start offering more granular pricing, depending on property risk, an actuarial firm says. Melville Jessup Weaver released a report that looked at how insurers priced for earthquake,...
Stories
About 20 Tower employees will be affected when the insurance company shuts its Christchurch office. The move will happen once its remaining earthquake claims are settled. A spokesman told media the company had planned to close...
Stories
A member’s bill to introduce a legal timeline for insurance companies to assess and present a settlement offer to claimants has been added to Parliament’s ballot by Kaikoura MP Stuart Smith. “We’ve just...
IBANZ Forum
Employee or contractor? Question My client owns a transport company. One of their "employees" is employed on a sub-contracting basis, invoicing the company each month for his hours. He does not work for anyone...
