Country: New Zealand Page 4 / 24
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- June 26 2024
‘Normalcy’ returns to Australia, New Zealand 1.7 renewals
Property cat renewals are seeing relatively flat pricing on bottom and middle layers and small risk-adjusted decreases in top layer pricing, brokers tell InsuranceAsia News.
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- June 19 2024
Delta takes Chubb’s Joleene Dawson as group head of underwriting
Sydney-based Dawson will be driving the MGA's increased focus on international market expansion.
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- June 17 2024
Everest Australia hires Arthur Constantinou to head Pacific energy and construction team
Melbourne-based Constantinou was previously national underwriting manager-technical lines and complex risks at Zurich.
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- June 12 2024
Dual New Zealand expands underwriting team with IAG hires
Howden-owned MGA has appointed Leon Downey as senior underwriter for casualty and financial lines and Claire Ji as commercial underwriter, both based in Auckland.
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- June 11 2024
Howden broadens New Zealand footprint with Bridges acquisition
The deal expands Howden’s mid-market and SME offering in the country as well as grows its presence in the Waikato region.
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- June 11 2024
ICNZ calls for nat cat safeguards in Fast Track Approvals Bill for infrastructure development
The bill should not give green light to projects that expose communities to excessive financial and physical natural hazards risks, the industry body said in a submission to the government.
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- June 7 2024
Rachael Pettigrew joins WTW New Zealand as head of risk advisory
She was most recently insurance lead for water services and reform, a government division responsible for public water infrastructure across the country.
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- June 6 2024
New Zealand EQC secures record US$5.7bn reinsurance cover
The country's earthquake commission has increased its total cover by US$620m year-on-year, including the US$135m cat bond placed last year, at the June 1 renewals.
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- June 5 2024
Lockton New Zealand ropes in Marsh’s Damian Schade as client director
Schade's appointment in Auckland is aligned with the broker's continuous expansion in the Kiwi market.
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- June 3 2024
Australian cyber specialist Emergence promotes Katrina Hickson to head of distribution
Hickson, who was the MGA's business development underwriter for Queensland and the Northern Territory, will oversee the national accounts strategy, key partnerships, and expand market presence in the newly created role designed to improve solutions for brokers.
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- May 30 2024
Dual recruits Ed Birrell to expand ANZ title insurance business
Most recently as Dual Asset's head of UK M&A, Birrell will relocate to Sydney from London and start his new role in June.
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- May 30 2024
Dual expands New Zealand operations with Wellington office
The new office will be the company’s first office outside Auckland and reflects the company’s growing presence in New Zealand.
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- May 29 2024
Tower swings back to profit in H1 2024 on absence of large nat cat
The Kiwi insurer's reported net profit after-tax totalled US$22.2m, reversing the US$3.1m net loss a year ago.
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- May 28 2024
NM Insurance hires Andrew McFetridge as head of New Zealand operations
McFetridge will focus on growing the company’s local team and expanding distribution networks focusing on marine and motorcycle insurance.
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- May 21 2024
New Zealand to expand scope of fire insurance levies to aviation, forestry from 2026
Fire and Emergency New Zealand will also increase transitional levies on fire insurance by 12.8% from July 1 this year.
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- May 17 2024
Gallagher Insurance New Zealand promotes Sharon Eloff to senior claims manager
Eloff joined the broker in September 2021 as a claims manager following an over six-year stint at IAG.
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- May 15 2024
BMS New Zealand hires Marsh veteran for North Island build out
The specialty broker has hired Nathan Richmond as director of Auckland.
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- May 8 2024
AIG appoints Shanti Shafqat as New Zealand national corporate financial lines manager
Shafqat started her role in May and is based in Auckland.
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- May 7 2024
McLarens promotes Tina Sheehan to southern regional manager for New Zealand
Sheehan joined the global loss adjuster in 2019 as its third-party administration, national motor business manager.
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- May 3 2024
Canterbury earthquake lawsuit going to appeals court may weigh on EQC reinsurance renewals
With the class action over underpayment of claims headed to the Court of Appeals, more claimants could join the litigation at a time when the New Zealand Earthquake Commission is looking to secure higher limits at the June 1 renewals.
