Country: New Zealand Page 3 / 29
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- June 18 2025
New Zealand ‘cannot afford’ to continue down current path as climate risks grow: IAG
IAG's 2025 climate change poll showed New Zealanders expect insurers to reflect the growing risk in the premiums of people who are exposed to natural hazards.
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- June 17 2025
Australia MGA Agile names Liz Geden as New Zealand head
Auckland-based Geden had joined from Delta Insurance in March.
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- June 17 2025
‘Quite orderly’ 1.7 ANZ renewals seeing double-digit rate cuts amid plentiful capacity
Reinsurers, though, have little appetite to reduce first loss retention levels, sources told InsuranceAsia News.
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- June 11 2025
Kiwi insurer Tower confirms Paul Johnston as CEO
Johnston, who has been interim CEO since February, will start in the new role from Wednesday.
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- June 9 2025
Kiwi insurer Tower strengthens tie-up with key external loss adjusting partner Sedgwick
Chief claims officer Steve Wilson says the partnership will provide Tower with additional support from Sedgwick’s loss adjusters across New Zealand and the Pacific.
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- June 9 2025
New Zealand’s Natural Hazards Commission secures US$6.3bn in reinsurance cover
The cover, renewed on June 1, includes NZ$225 million from a multi-year catastrophe bond issued in 2023.
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- June 4 2025
Adenes Australasia acquires majority stake in New Zealand loss adjuster
Adenes Australasia already counts vrs ANA in Australia, vrs Vering in Europe, and vrs Adjusters globally as part of its brand.
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- June 3 2025
‘Pivotal moment’ as Allianz Australia’s sale of Hunter Premium Funding is finalised
Allianz had agreed to sell Hunter to Pemba Capital Partners in December.
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- June 2 2025
AIG appoints Celina Ennis as ANZ head of operations
Ennis joins from Allianz, where she was national manager for quality assurance since July 2021.
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- May 30 2025
Zurich names Suncorp’s Morris Garsin as head of claims excellence for ANZ
Sydney-based Garsin will assume the role in August.
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- May 26 2025
Chubb’s ANZ head of global brokers to retire after 41-year career
John French, who also holds the additional role of colleague development ambassador for ANZ, has worked at Chubb in APAC for 28 years.
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- May 22 2025
AIG Australia & New Zealand CEO Grant Cairns to depart, Kathleen Warden appointed GM
Warden and New Zealand GM Liam Pomfret will report directly to regional president Chirs Colahan.
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- May 20 2025
Tower reports H1 FY25 COR of 69.7%, profit up to US$36.5m
Kiwi insurer’s first half GWP was NZ$176m, up 4% from a year ago, while it reported large-event costs of US$1.8m.
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- May 20 2025
New Zealand’s US$38bn natural hazards bill shines spotlight on ‘urgent need to reduce impact’: IAG
Since 2010, the government has spent 97% on response to catastrophes, and only 3% on risk reduction and resilience.
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- May 14 2025
Howden-owned MGA Dual promotes Stewart Eaton to ANZ head of liability
Eaton joined the MGA in late 2023 and has been head of liability for New Zealand before assuming the new role.
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- May 6 2025
Stress test shows Kiwi insurers can meet claims in NZ$100bn earthquake scenario
New Zealand's central bank assessed the responses to a major earthquake and severe cyber-risk incidents by simulating an event well beyond insurers’ solvency requirements, modelled to cost around US$60bn.
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- May 2 2025
‘Reopened’ Canterbury earthquake claims top 500, posing challenge for industry 15 years on
Kiwi carrier Tower highlighted an unexpected rise in new over-cap claims from the Natural Hazards Commission.
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- May 2 2025
Mobile plant specialist UAA renews 10-year capacity agreement with QBE
Binder agreement also provides capacity to the New Zealand arm of the Steadfast-owned underwriting agency.
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- April 30 2025
New Zealand insurers’ GWP grows 8.6% to US$6.4bn, COR improves to 78.6%: ICNZ
Following the impact of the Auckland Anniversary Weekend floods and Cyclone Gabrielle in 2023, premiums stabilised in 2024 as global reinsurance rates and inflation eased, the Insurance Council of New Zealand said.
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- April 22 2025
Tower raises profit forecast despite Easter weekend storm, earthquake claims
Insurer says it has recieved over 250 claims from the storms that impacted New Zealand over Easter weekend.
