NZ fire levy increase revised downwards amid funding review
September 20 2024 by Heather Ng
-
Firefighting levy on New Zealand insurance premiums finalised
- December 19
The revised levy, which is a primary funding mechanism for Fire and Emergency New Zealand, will be effective from July 2026.
-
Thermal runaway, manufacturing defects the most overlooked risks for lithium-ion batteries: QBE
- December 2
Businesses should work with relevant stakeholders to mitigate disruption risks through robust supply chain management and compliance strategies, the carrier said in the latest report.
-
India’s Shriram General Insurance plans to list in 2-3 years: report
- November 7
The firm is also planning to re-enter the crop insurance market, seven years after it exited the business, and intends to reduce reliance on motor line.
-
Samsung Fire’s stable underwriting, low COR to help maintain market leadership: AM Best
- October 11
The rating agency has affirmed the insurer's financial strength rating of A++ (superior).
-
AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
-
BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
-
Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
-
HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
