Country: New Zealand Page 2 / 34
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- July 14 2026
Dual rolls out Liberty-backed global transactional risk unit with ANZ among initial markets
Howden-owned MGA targets GBP500m transactional risk premiums by 2030 with the new platform, which has plans for further geographical and talent build-out.
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- July 13 2026
Emergence Insurance nabs ex-cop Fraser Walker as New Zealand country head
Auckland-based Walker spent over 11 years at AIG and over four years at Expeditors before joining Emergence from Construction Cost Consultants in July 2023.
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- July 13 2026
Patrick Hunter joins Lockton as Pacific head of risk consulting
Auckland-based Hunter joins from Marsh, where he had spent over five years as head of advisory for New Zealand and Fiji and head of forensic and growth.
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- July 13 2026
Kiwi insurer NZI taps pair of industry veterans for senior roles
Troy Sexton will lead NZI's property business, while Kent Chaplin takes charge of its liability business.
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- July 9 2026
Vero Insurance New Zealand hires Chloe Donnelly as marine underwriter
Auckland-based Donnelly joins from Aon, where she spent four years as a marine account executive.
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- July 6 2026
Australia’s competition regulator probes Allianz-nib travel insurance tie-up
Australian Competition and Consumer Commission launches a phase one investigation into the US$34.66m transaction.
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- July 2 2026
We’ve seen reinsurers’ appetite prevail at 1.7, Gallagher Re’s Roshan Perera says
New managing director and head of APAC tells InsuranceAsia News that while there seems to be some more room for rate reduction, cedents will certainly benefit from more options and flexibility in future renewals.
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- July 1 2026
Pricing is converging towards technical adequacy at 1.7, not overshooting it: Gallagher Re
Relatively late renewal saw market dynamics in Australia and New Zealand continuing to favour buyers with loss free cat layers recording up to 17.5% reduction, alongside improved commissions.
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- June 30 2026
Cedents secure rate cuts, better terms, structural improvements at 1.7: Howden Re
Assertive buyers, abundant capacity, benign loss experience and consolidation contribute to 10-15% rate reductions on loss-free business.
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- June 30 2026
New Zealanders lose faith in climate risk management as insurance costs bite: poll
Over 60% of New Zealanders say the government should prioritise reducing climate risks to help bring down insurance costs.
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- June 29 2026
Marsh New Zealand promotes Gabe Money to risk consulting leader
Auckland-based Money, who joined Marsh in February 2022, will lead the risk consulting team in delivering tailored risk management solutions.
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- June 26 2026
Buyer-friendly renewals persist at 1.7 as soft market signs mount, but reinsurers signal pricing floor
Rate reductions of 10–15% on loss-free business, with deeper cuts in some cases, as terms and conditions hold firm, industry insiders told InsuranceAsia News.
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- June 23 2026
Tower promotes Dan Walker to chief claims officer
He replaces Steve Wilson, who stepped down and returned to Australia.
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- June 17 2026
Brokers back fire levy review, call insurance funding model an ‘unfair burden’
Insurance Council of New Zealand chief executive Kris Faafoi also says the latest review is a timely and positive step toward ensuring the long-term sustainability of a critical public service.
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- June 14 2026
New Zealand’s NHC grows reinsurance program to record US$7.3bn
The expanded limit reflects the strong confidence of the international reinsurance market in the agency, according to NHC CEO Tina Mitchell.
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- June 10 2026
IAG warns New Zealand’s ‘piecemeal’ approach to natural hazards is unsustainable
Insurer has identified 42 gaps in the current nat cat resilience effort and proposed a 15-year roadmap to strengthen the country's risk reduction strategy.
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- June 5 2026
ICA, ICNZ formally join forces to strengthen community resilence, confidence
- Industry associations
- Australia
- Strategy
- Insurance Council of Australia
- Insurance Council of New Zealand
Resilient Insurance Markets Initiative formalises what has been an informal trans-Tasman relationship into a structured, bilateral commitment.
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- June 5 2026
Allianz Partners to acquire nib’s Australia, New Zealand travel portfolio
Deal marks Allianz Partners' expansion into the offline travel distribution channel in Australia.
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- June 3 2026
ICNZ wants fire and emergency levy scrapped, replaced with disaster prevention funding
Insurance Council of New Zealand (ICNZ) says reforms could redirect over US$355m a year into disaster prevention projects.
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- June 2 2026
PSC Insurance Brokers New Zealand promotes Carol Cooper to head of personal lines
Auckland-based Cooper joined PSC in December 2022, most recently as team leader for personal lines.
