Country: New Zealand Page 21 / 26
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- April 14 2021
PSC appoints David Hosking as Australia and NZ CEO
Former head of broker and agency at Allianz Australia started the new role this week.
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- March 18 2021
Tower turns corner on Canterbury quake
New Zealand’s Reserve Bank halves the insurer's minimum solvency level to US$18m.
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- March 10 2021
Jarrod Hill to join IAG amid management reshuffle
Former Chubb country president starts in September as Amanda Whiting handed New Zealand CEO role.
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- March 9 2021
Chubb names Peter Kelaher as head of Australia and New Zealand
The former P&C head replaces Jarrod Hill and will oversee 800 employees across seven branches.
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- March 4 2021
Munich Re appoints Scott Hawkins to lead Australasia
The Sydney-based executive is currently head of the global giant's non-life business in the region.
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- February 25 2021
Gaps remain despite record weather claims: ICNZ head
The industry association's CEO tells IAN that commercial property and agricultural crops still lack protection.
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- February 23 2021
New Zealand MGA Delta appoints Kent Chaplin as COO
The former DXC Technology and Lloyd’s executive joins to support the agency's Asia expansion plans.
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- February 22 2021
Tower acquires ANZ portfolio for US$10m
The deal will add around US$30m in GWP to the Kiwi P&C player.
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- February 3 2021
Sedgwick acquires New Zealand building consultancy
Thurlow Consulting Engineers will give the loss adjuster in-house engineering and construction expertise.
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- February 2 2021
Aon/WTW: FMG warns of ‘severely constrained’ market
Reinsurance flagged to NZCC as potential antitrust concern amid Willis Re divestiture speculation.
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- January 13 2021
Former Tower CEO joins Australian state insurer icare
Richard Harding acknowledges need to restore public confidence at the embattled firm.
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- January 6 2021
WTW appoints Australasia head of financial lines
Former Marsh executive Lee Garvey is set to relocate from Singapore to Australia.
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- December 29 2020
RCEP to comprise 25% of global premiums
Asian trade deal will come into force in 2021 and boost premiums by US$9.6bn by 2030.
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- December 16 2020
Partners Life buys NAB’s New Zealand life business for US$206m
Another Australian lender exits the life market.
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- December 8 2020
Marsh’s New Zealand and Pacific specialty leads to swap roles
Josh Roach and Marcus Pearson will make the moves.
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- December 3 2020
RBNZ accuses Pacific International of ‘further’ breaches
New Zealand regulator escalates its response to ongoing compliance failures.
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- November 24 2020
Tower agrees US$29.5m settlement with EQC
The compromise ends almost a decade of uncertainty for shareholders.
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- November 23 2020
New Zealand’s Ohau fire claims surpass US$24m
It was one of the largest wildfires in the country's history.
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- November 17 2020
2019 Timaru hailstorm losses soar to US$117m: ICNZ
As the first year anniversary approaches, the claims bill is a significant increase over previous figures.
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- October 30 2020
“Warmer-than-average” NZ summer to heighten cyclone activity
The market is hoping there won't be a repeat of the losses incurred in the 2017/18 storm season.
