Country: New Zealand Page 1 / 26
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- April 14 2025
PSC expands in New Zealand with Sepio acquisition
Envest, which owns PSC, has several additional deals in the pipeline across New Zealand.
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- April 9 2025
New Zealand tornado short lived, few claims expected
Tornado hit the town of Levin on the country's North Island at around 7:45am on Tuesday.
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- April 6 2025
Kiwi regulator files civil proceedings against IAG pricing misconduct
Approximately 269,000 customers were affected, resulting in overcharges of approximately US$20m.
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- April 1 2025
Bain Capital exits Tower investment via US$50m block deal
Kiwi insurer's largest shareholder sells 19.941% stake for US$0.74 per share.
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- March 31 2025
MS Amlin expands in Australia with Sydney office, appoints head of ANZ
New office will be led by Matt Botfield, who joins carrier from Aon.
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- March 20 2025
Howden-owned MGA Dual promotes Damian Browne to deputy general manager for New Zealand
Auckland-based Browne has been at the company since 2021, most recently as an underwriting manager.
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- March 6 2025
BHSI taps Adrian Burmeister for inland marine underwriting role in New Zealand
Auckland-based Burmeister will focus on mobile plant and machinery specialist underwriting.
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- March 5 2025
Lockton continues regional reshuffle, taps Marsh’s Marcus Pearson for Pacific CEO role
Brisbane-based Pearson replaces Paul Marsden, who will become a consultant and manage key client relationships.
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- March 4 2025
Gallagher acquires New Zealand’s RMA General
Terms of the transaction were not disclosed, Gallagher said in a press release.
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- February 28 2025
‘Avoid building in dumb places’: Kiwis want more investment in extreme weather protection
Insurance Council of New Zealand survey shows 'Kiwis want to see more investment in resilience measures', chief executive Kris Faafoi says.
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- February 27 2025
Swiss Re CorSo unveils market units structure, names Robert Hunziker Asia head
Kevin Bates has been designated market unit head for Australia and New Zealand with the new organisational structure set to roll out from June 1.
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- February 24 2025
Evergreen Partners takes minority stake in New Zealand’s Delta International
Amy Ellis, director at Auckland-based private equity firm Evergreen Partners, will also join the MGA's board in a non-executive capacity.
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- February 23 2025
AUB Group enters into equity partnership with New Zealand’s OFS Insurance Brokers
'Strategic acquisition aligns with AUB’s commitment to expanding its footprint in New Zealand', AUB said in a LinkedIn update.
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- February 21 2025
New Zealand’s Otago flood insured losses hit US$19.4m, top 2015 floods
Insurance Council of New Zealand data shows 1,920 private insurance claims were made following the deluge which hit at the start of October.
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- February 20 2025
Australia set for increased summer rainfall, bushfire risks: Gallagher Re
Likelihood of above-average cloudiness and high ocean temperatures means Australia is expected to have notably above-average minimum temperatures through Q1 2025.
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- February 17 2025
Envest to merge Aviso Broking into PSC Insurance Brokers
The newly expanded business, to be led by Benjamin Goodall, will service more than 50,000 clients and place US$584m GWP under the PSC Insurance Brokers brand.
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- February 14 2025
Insured losses from 2 of New Zealand’s most destructive nat cats top US$2.1bn: ICNZ
Auckland Anniversary Weekend floods and Cyclone Gabrielle in 2023 resulted in over 118,000 insurance claims.
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- February 13 2025
IAG’s H1 FY25 underwriting profit up 125% to US$458m, COR improves to 85.2%
Australian insurer’s GWP grew 6% to US$5.3bn driven by strong renewal rates for direct channels in Australia and New Zealand reflecting moderating premium increases and claims inflation.
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- February 12 2025
Suncorp’s H1 FY25 insurance service result up 134% at US$582m
Australian insurer's general underwriting performance helped by favourable natural hazard experience and reserve releases.
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- February 11 2025
Who pays for climate change adaptation is the elephant in the room, says Tower chairman
Kiwi insurer's Q1 FY25 GWP rose by 6% to US$87.5m on strong volume growth as rating increases flattened on average.
