Country: New Zealand Page 17 / 26
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- August 12 2022
IAG places ‘largest’ nat cat allowance as underwriting profit falls 5%
Weather claims "more than doubled" in FY 2022 across Australia and New Zealand.
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- August 8 2022
BHSI launches Australasia commercial hull line with ex-QBE hire
Jake Hesson will help expand the specialty player's marine product portfolio.
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- August 8 2022
Suncorp’s profits fall 34% on nat cats amid US$1.7bn of reinsurance recoveries
The group missed its full year nat cat target by US$70m and had an investment loss of US$131m.
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- August 4 2022
New Zealand’s climate plan urges development of home flood insurance
The country’s first climate adaptation document wants to address affordability of cover.
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- August 1 2022
BHSI boosts Australasia transactional liability team with hire from Liberty
Nicholas Ferrari takes up a senior position and will continue to be based in Sydney.
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- July 22 2022
Chubb promotes Christian Falkingham to head of major accounts, Australia & New Zealand
Falkingham will report to Chris Gough, Chubb's head of property & casualty, Australia & New Zealand.
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- July 19 2022
New Zealand insurtech Javlyn raises US$4.5m, eyes ASX listing: report
The new capital will enable Javlyn to expand its presence in Australia and Asia Pacific.
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- July 15 2022
Chubb appoints joint leaders of consumer division, Australia & New Zealand
Amy McKellar and Michelle O’Dowd will report to country president Peter Kelaher.
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- July 8 2022
ICNZ issues climate warning as tornado claims top US$5m
ICNZ CEO Tim Grafton said the unusual event on North Island likely to become more common.
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- July 5 2022
Howden buys Wallace McLean in New Zealand expansion
The Kiwi broker offers agriculture, shipping, freight and entertainment lines, among others.
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- June 15 2022
IAG New Zealand taps Tower for distribution role
Paula ter Brake will start in September and report to chief executive Amanda Whiting.
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- June 13 2022
Tower completes sale of Papua New Guinea subsidiary
Local P&C player Alpha Insurance has bought the book as Tower focuses on other Pacific Islands.
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- June 13 2022
New Zealand secures record NZ$7.2bn EQC reinsurance cover
EQC chief executive said the country is "punching above its weight" on the global stage.
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- June 8 2022
McLarens promotes BI adjuster in New Zealand
Jia Mostert has previously worked at the EQC.
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- May 19 2022
Chubb appoints Australia, New Zealand head of distribution
The head of major accounts is starting the role on July 1.
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- May 12 2022
HDI Global Specialty names head of aviation for Australia, NZ
Dylan Jones has been promoted from his role as a senior underwriter.
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- April 5 2022
Cyclone Dovi claims reach US$30.8m: ICNZ
The February storm hit areas including Northland.
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- March 30 2022
TigerRisk enters Australia, the Pacific
The global reinsurance broker has hired veteran Simon Chandler.
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- March 18 2022
New Zealand introduces nat cat Bill for disaster response
The move helps clarify the current Earthquake Commission Act and takes lessons from 2010-11.
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- March 9 2022
Lockton (re)insurance arm targets Australia, NZ with former Willis Re execs
John Philipsz, Russell Hails and Max Garratt have joined the broker's advisory team in Sydney.
