New Zealand
Accuro pulled out from AM Best’s roster
UniMed, the receiver of the portfolio, is now the third-largest health insurer.
Accuro pulled out from AM Best’s roster
UniMed, the receiver of the portfolio, is now the third-largest health insurer.
S. Korean insurers’ Q124 profits plummet by 11.1%
This was equivalent to $3.58b.
Rising claims spark fears amongst New Zealand home buyers
CEO urges insurers to ensure insurance accessibility.
BMS appoints new Auckland director
Richmond previously with Marsh in various global roles.
Pinnacle Life sees steady operating performance
AM Best projects the insurer to have a stable outlook against a solid balance sheet.
New Zealand supports comprehensive reform of insurance legislation
The ICNZ also pledges to collaborate with the government and regulators.
Peak Re reports ‘best-ever’ earnings with $200m in FY’23
Favourable January renewals are seen to sustain strong underwriting margins.
NZ general insurance GWP to grow 7.3% annually
The industry is seen to climb 8.3% in 2024.
Which pet breeds are the most expensive to insure?
Southern Cross Pet Insurance paid a total of AU$30m in claims last year.
Momentum Life logs gains with expansion, strategy: AM Best
The company’s capital remains enough to support other operations despite a planned expansion.
Prospects brighten for Fidelity Life Assurance's operating performance
The company's financial flexibility is bolstered by its two largest shareholders, said AM Best.
FMG Insurance leads rural insurance in New Zealand: AM Best
Geographical diversification across New Zealand helps spread insured risks.
New Zealand trade union urges income insurance amidst rising redundancies
The CTU President said New Zealand ranks among the countries with the lowest levels of redundancy protection globally.
IAG New Zealand’s first-half GWP leaps nearly a quarter from last year
The NZ business has processed more than 52,000 claims from the increasing risks and extreme weather events in 2023.
Over two-thirds of New Zealanders fret over house insurance costs
Consumer NZ urges New Zealanders to review their current level of cover and shop around.
Dai-ichi seen to cushion Partners Life's Expansion in New Zealand with capital support
Dependency on third-party reinsurance could offset the insurer’s standing.
ICNZ names incoming chief executive, Grafton stepping down on 7 April
Kris Faafoi is a former Cabinet Minister.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
