New Zealand set to adopt modernised insurance law as bill passes third parliamentary reading
November 14 2024 by Mithun Varkey-
Kiwi insurer Tower fined US$4m for misleading 61,000 customers
- December 9
Tower had self-reported the issue in 2021, admitting that it had contravened the Financial Markets Conduct Act by making false or misleading claims about its multi-policy discount offer since September 2016.
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IAG hires Phillip Gibson as CEO of New Zealand
- December 5
Former Aviva Canada executive will join IAG New Zealand in March, replacing Amanda Whiting.
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Kiwi insurer Tower posts ‘exceptional’ FY25 results
- November 27
Tower benefits from low natural catastrophe losses to post a record underlying net profit after tax (NPAT) of NZ$107.2 million (US$61.35 million).
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ICNZ welcomes move to leave natural hazards levy unchanged
- November 20
The levy, collected by insurers on behalf of the government, helps ensure the Natural Hazards Commission (NHC) is funded to provide basic cover for natural disasters such as earthquakes, landslides and flooding.
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QBE | Elevating customer experience, humanising claims: QBE Asia’s ‘Solutions in a Box’
Vastly improving turnaround times and personalising service delivery, QBE Asia’s award-winning, end-to-end bundled claims solutions is a game-changer for the insurance industry.
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Beazley | What does cyber protection look like from day 1 to day 600 and beyond?
Cybersecurity is no longer just an IT concern, but a governance issue that belongs on the boardroom agenda.
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Sedgwick | Preparing for the next storm
Insurance industry needs to recalibrate, invest in innovation and strengthen systems, talent and data practices.
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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital