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Saturday, September 26, 2026
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Ratings
New Zealand
Pacific commercial rates register steepest global decline
February 6 2025
Region's casualty line sees first decline since 2016, Marsh finds.
Fitch assigns Asteron Life 'A' IFS rating following acquisition by Resolution Life
February 4 2025
Ratings have a positive outlook with further rating uplift expected due to pending acquisition of Resolution Group by Nissay.
Fitch affirms ratings of NZ’s First Insurance as portfolio transfer looms
January 30 2025
Insurance portfolio set to be transferred to Provident Insurance and Pinnacle Life by end-March.
Southsure's long-term profitability hinges on premium stability and cost control, says Fitch
January 28 2025
New Zealand insurer saw net profit surge in FY24, but largely due to stake sale.
DUAL elevates Marc Karapanovic to New Zealand Cyber Lead
January 28 2025
Karapanovic first joined DUAL in 2018.
Tower Insurance appoints Paul Johnston as interim CEO
January 23 2025
Outgoing CEO Blair Turnbull will step down from the New Zealand carrier on 12 Feb.
New Zealand finalises Fire and Emergency levy rates
December 19 2024
The levy will rise by 2.2%, instead of an initially proposed 5.2%.
AM best upgrades Provident Insurance's ratings amid "significant" tech investment
December 13 2024
Investment in IT and pricing capabilities has elevated 2024 expense ratio but will aid execution of company's growth plan.
Worldcare rebrands to Allianz Travel Insurance in New Zealand
November 25 2024
Along with the rebrand, the company has also changed its offerings to provide customisable policies.
New Zealand Parliament passes Contracts of Insurance Bill
November 15 2024
New legislation comes into effect in three years and consolidates several outdated insurance regulations into one cohesive framework.
AM Best assigns stable outlook to New Zealand life insurance, affirms stable outlook for non-life sector
November 12 2024
Kiwi insurers demonstrating resilience amidst market challenges, says AM Best.
Tower CEO Blair Turnbull to step down in February 2025
November 1 2024
NZ insurer has initiated search for a new CEO, with Turnbull set to step down after Tower's annual shareholder meeting.
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