Budget includes several disaster aid and resilience measures, including NZ$28m (US$17.2m) for temporary housing for households impacted by Cyclone Gabrielle and the Auckland Flood.
Westpac reportedly suing 43 insurers, including AXA, Allianz, and Zurich, over interpretation of insurance contracts related to AU$1.3bn 2020 AUSTRAC penalty.
Innovative use of smart sensors, data, and tech has already resulted in rapid growth and CEO Joffe says insurtech is doubling down on technology-first approach in pursuit of AU$1bn (US$664m) in home insurance...
NalaGenetics recognised for its genetic tests to manage chronic diseases and will enter a four-month accelerator and receive up to US$100,000 in project funding.
Higher for longer rates predicted to help add US$1.5 trillion in global premiums by 2034, with advanced markets like Australia and Japan leading the surge.