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New Zealand
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New legislation comes into effect in three years and consolidates several outdated insurance regulations into one cohesive framework.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.
Pacific financial lines rates drop 14% in Q3 - Marsh
October 25 2024
Region sees the largest global decrease in financial lines and property rates, at 17% and 6% respectively.
Insurance industry groups call on Commonwealth leaders to discuss weather risk
October 21 2024
The ICA, ICNZ and other industry groups have jointly written to their respective Prime Ministers calling for the issue to be put on the Commonwealth Business Forum agenda.
SCOR elevates Paula Bourke to CEO of Life & Health, Australia
October 16 2024
Bourke first joined the reinsurer in 2016.
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