Country: New Zealand Page 27 / 29
-
- March 3 2020
Timaru hailstorm was NZ’s third costliest nat cat in 100 years
The November storm will cost insurers over US$50m in a nat cat heavy Q4.
-
- January 20 2020
Zurich appoints two senior execs in Australasia
The firm has made one internal switch and a hire from IAG in claims and underwriting.
-
- December 18 2019
Collapsed CBL racks up additional charges
New Zealand's Fraud Office and Financial Markets Authority accuse the firm of serious wrongdoing.
-
- December 11 2019
CEO to step down from New Zealand’s Tower
Richard Harding will return to Australia in the new year.
-
- December 10 2019
New Zealand’s market hit by volcano, landslide and floods
A large volume of claims are expected over the next few weeks and months.
-
- November 27 2019
Munich Re promotes Nicolas Carro to Australasia L&H CEO
The reinsurer's Australasia CFO will take up the role in the new year.
-
- November 26 2019
Tower in US$45m dispute with Earthquake Commission
The New Zealand P&C player has a disagreement over the allocation of property damage.
-
- November 12 2019
Tower’s CEO says New Zealanders’ don’t trust carriers
New Zealand's Reserve Bank to conduct a review of the Insurance Act next year.
-
- November 4 2019
CBL to delist as shareholders file lawsuit
Legal action follows the collapse of the firm last year.
-
- October 31 2019
US giant could be on hook for Auckland fire: report
Three insurers, including Chubb, have been reported as behind the coverage for the burnt convention centre.
-
- October 25 2019
Auckland fire payout in doubt: expert
Recklessness or gross irresponsibility could be the cause of the convention centre fire.
-
- October 23 2019
Claims expected after huge fire in central Auckland
The uncompleted New Zealand International Convention Centre has been seriously damaged.
-
- October 18 2019
AIG picks Toni Ferrier as New Zealand CEO
Ferrier's latest senior management role will start in January.
-
- October 10 2019
Taskforce requests New Zealand EQC cap raise
A Wellington group says cover issues related to earthquakes need to be urgently addressed.
-
- October 2 2019
Chubb appoints Australia and New Zealand head of claims
Long-time Chubb exec Simon Priebbenow to lead division.
-
- September 26 2019
Global groups request another IFRS 17 delay
Insurers worldwide seek more time to implement the already-postponed adoption of IFRS 17.
-
- September 4 2019
Chubb’s John French switches broker roles
Former head of Asia-Pacific distribution is staying in Sydney.
-
- August 13 2019
AMP and Resolution Life rescue sale
A revised deal structure has revived the sale of AMP Life at an important time for AMP.
-
- August 5 2019
New Zealand’s regulatory chief warns market
The head of New Zealand's Financial Market Authority expected more urgency to change cultures.
-
- July 23 2019
Greenlight Re backs New Zealand digital MGA
The reinsurer has invested in New Zealand start-up Cove.
