Country: New Zealand Page 16 / 26
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- January 20 2023
Aon hires New Zealand CEO from Fidelity Life
Melissa Cantell, the life insurer's CEO, will start in June and is replacing Geoff Blampied who will stay on as executive chairman.
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- January 10 2023
New Zealand Cyclone Hale likely be a ‘one-in-20-year’ weather event
The extratropical cyclone has hit Northland and Auckland with about a month's worth of rain over the past 24 hours.
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- January 3 2023
New Zealand urges homeowners to buy property cover after record 3,300 claims
The Earthquake Commission said that event claims in 2022 doubled over the last four years.
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- December 15 2022
New Zealand Provident Insurance combined ratio 93%: AM Best
Lower usage of vehicles during Covid resulted in less motor claims and led to better underwriting results.
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- December 15 2022
New Zealand 2022 extreme weather claims top US$216m
The country experienced “wave after wave of extreme wet weather” during the warmest and wettest winter on record.
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- December 12 2022
AUB merges New Zealand broking arm with ICIB
ICIB BrokerWeb Insurance and Risk Advisory to be led by ICIB managing director Grant Milne and will be NZ's fifth largest broker.
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- December 8 2022
Coherent promotes Helen Attenborough to Australia and NZ CEO
The COO retains her current role and relocates to the insurtech’s new Sydney base.
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- December 5 2022
Suncorp New Zealand hires Tower underwriting head
Nicholas Meister has joined the Australian insurer's arm as executive manager for broker business and channel partnerships.
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- November 30 2022
Aon shakes up APAC reinsurance leadership
Robert De Souza to take charge as regional president, Reinsurance Solutions and John Carroll to succeed him as Australia and New Zealand CEO.
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- November 24 2022
Tower’s FY 2022 COR improves to 90.1% but profits slip
The company said the strengthening of Canterbury earthquake reserves and a customer remediation provision impacted results.
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- November 22 2022
RBNZ proposes to vet insurers’ senior management hires
The industry regulator wants to ensure proper assessments of the senior management candidates before their appointment.
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- November 16 2022
AA Insurance names Michelle James as CEO
James, who joins from Tower Insurance, will assume office in February 2023.
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- November 15 2022
BHSI promotes Craig Taylor to head of property for Australia & NZ
Taylor will continue to be based in Sydney and report to head of Australasia Mark Lingafelter.
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- October 24 2022
WTW recruits senior Marsh exec for head of P&C Australasia role
Robert Lasovski had been at Marsh for over 20 years and was most recently Australia national corporate & commercial leader.
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- October 18 2022
APAC ‘tip of the spear’ for Howden Tiger
The reinsurance broker will place about US$500m GWP from the region this year.
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- October 14 2022
New Zealand’s August ‘weather bomb’ cost US$27m: ICNZ
Heavy rains in the South Island resulted in 3,165 general insurance claims.
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- October 10 2022
Tower completes legacy build-out with Kiwibank deal
The New Zealand carrier will pay US$3.3m for the portfolio, which will be migrated to its flagship Direct channel.
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- October 6 2022
New Zealand’s revised seismic model shows earthquake hazards have risen
On average the likelihood of an earthquake has increased 50% or more across the country.
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- October 4 2022
New Zealand introduces interim solvency standard
The standard issued after two years of planning and consultation comes into force on January 1, 2023.
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- September 30 2022
Swiss Re’s Trent Thomson steps up as head of Australia, New Zealand
The 18-year company veteran will start in his new role on November 1.
