Live News
Forty-one per cent of authorised financial advisers offer insurance advice, new Financial Markets Authority data shows. It has released its latest snapshot of the country’s AFAs, compiled from the annual returns that they sub...
Live News
Insurers have provided $101m in support and assistance to communities so far this year. Three major storms struck New Zealand in the first quarter of 2018: the January storms, Cyclone Fehi and ex-Tropical Cyclone Gita. Together, th...
Live News
Commerce Minister Kris Faafoi is asking whether there is a need for more regulation of insurer conduct, as part of the insurance contract law review. Public consultation has begun as part of the review process. “Insuranc...
Stories
The Insurance Council says Cyclone Fehi has already cost insurers almost $38.5 million. It hit New Zealand on February 1, causing widespread wind damage and flooding in exposed coastal towns. States of emergency were declared...
Stories
IAG New Zealand has announced the retirement of Karl Armstrong after 47 years with the company. The acting executive general manager of the firm will step down on May 31. Chief executive Craig Olsen said Armstrong had...
IBANZ Forum
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What's average? Question... We have a client who has had criminals break in through a locked gate on their yard, and steal a trailer. The trailer was worth $2000 and covered as part of their stock under an MD policy....PIQ College
Measuring student satisfaction is very important to staff at the Professional IQ College. This is one way that we know we are meeting student expectations. During 2017 we asked graduates of the NZQA programmes to give us feedback...
Feature
Liquidators have been appointed to CBL insurance. Kare Johnstone and Andrew Grenfell, partners of McGrathNicol, were appointed by order of the High Court at the end of February. NZX suspended the CBL Corporation stock over...
Feature
Insurers have welcomed a government decision to appoint a ministerial adviser to the Earthquake Commission (EQC). EQC Minister Megan Woods said the new position would give her advice on the settlement of the 2600 outstanding...