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Ombudsman warns of weather-related delays

Volumes, access issues, and trade capacity drag out timelines

Insurers are preparing for increased weather-related claims across the upper North Island, with market participants indicating that delays are likely as the extent of damage is assessed. Heavy rain and flooding in Northland, Tairāwhiti ...
Privacy Commissioner probes MMH cyber incident

Review to assess context, safeguards, and remedial measures

New Zealand’s Privacy Commissioner has launched a formal inquiry into the cyber security incident at health platform provider Manage My Health Limited (MMH), signalling increased regulatory scrutiny of health data security and inc...
Otago still clearing October windstorm damage

Council considers more generators as recovery costs near $1 million

Rural communities in South Otago are still dealing with extensive damage from an October windstorm that felled an estimated 150,000 tonnes of trees across the Clutha district, highlighting common exclusions in many farm insurance polici...
Cyber vulnerabilities left unpatched for months

Remediation speed could signal broader risk management weaknesses

Almost nine in 10 major companies exposed to actively exploited cyber vulnerabilities remain at risk for six months or more, despite available fixes, according to a new study by cyber risk analytics provider KYND.   The...
FENZ seeks strike-time emergency protocol

Firefighter strikes persist as collective agreement talks remain unresolved

Fire and Emergency New Zealand (FENZ) is seeking a formal protocol with the New Zealand Professional Firefighters Union (NZPFU) on how emergency incidents are handled during strike periods, in the wake of a recent fire in Pakuranga that...
Kiwis expect 2026 financial stress

Insurance and annual bills squeeze early-year household spending capacity

Westpac New Zealand customers expect holiday spending to contribute to financial stress in 2026, with insurance and other annual bills among the main early-year costs competing for household budgets. In a survey of 1,087 Westpac NZ...
Airline insurance: Claims costs rising

Staffing gaps and supply chain pressures are reshaping the risk profile for a...

The airline insurance sector is contending with increased claims costs driven by skills shortages, supply chain constraints, and inflationary pressures, according to a recent review by Willis.   In its Airline Insurance...
Global cyber market could hit new highs by 2030

Market has nearly doubled in size since 2025

The global cyber insurance market is forecast to grow to between US$30 billion and US$50 billion by 2030, according to Gallagher's 2026 Cyber Insurance Market Outlook. The market is currently estimated at US$16 billion to US$20...
How AI can make insurance advice more human

What the acceleration of AI adoption across the business world could mean for...

As generative AI moves from experiment to everyday tool in Australian and New Zealand workplaces, insurance brokers are among many sectors that are grappling with existential questions concering their future in this brave new world. The...
Extreme wildfire danger warns FENZ

High heat, strong winds, and low humidity drive wildfire risk

Fire and Emergency New Zealand (FENZ) is warning of very high to extreme wildfire danger across parts of the country as a heat wave sets in, prompting fresh risk considerations for insurers already watching an ongoing pay and staffing...

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