Country: New Zealand Page 6 / 26
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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.
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- April 30 2024
HDI Global hires Richard Upton to head financial lines in New Zealand
Joining from Zurich, Auckland-based Upton will focus on building the company’s financial lines portfolio in the New Zealand market.
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- April 30 2024
Australian MGA Market Lane expands New Zealand team with BHSI hire
Auckland-based Luke Scott joins as regional development manager for the MGA's specialty commercial insurance underwriter The Barn New Zealand and will help deliver broker partner solutions.
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- April 30 2024
Dual launches title insurance for real estate, M&A deals in select APAC markets
The MGA's new offering will focus on commercial property deals in Australia, New Zealand, Hong Kong, Singapore and M&A transactions will also extend to Japan and South Korea.
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- April 30 2024
Insurers’ switch to risk-based pricing makes insurance unaffordable: RBNZ
Climate change and rising reinsurance costs are prompting more insurers to switch to a risk-based pricing approach, but the Reserve Bank of New Zealand warns that this is also making property insurance unaffordable and leave customer underinsured.
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- April 25 2024
New Zealand’s early-2023 weather events cost US$5.3-US$8.6bn, government inquiry finds
Cyclone Gabrielle was a moderate-scale event when compared to what New Zealand could experience, warns the National Emergency Management Agency.
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- April 24 2024
Lockton New Zealand hires Michael Harrow as head of corporate risk
Joining from ICIB BrokerWeb, Auckland-based Harrow will focus on expanding company’s services across all lines, and refining client service delivery.
