New Zealand

howden-strengthens-pacific-presence-with-acquisition-of-bridges-insurance-services

Howden strengthens Pacific presence with acquisition of NZ-based Bridges Insurance Services

June 11 2024

Bridges Insurance was established in 1990 and has focus on mid-market and SME business.

icnz-calls-for-new-zealands-fast-track-approvals-bill-to-address-nat-cat-risks

ICNZ calls for New Zealand's Fast-Track Approvals Bill to help address nat cat risks

June 11 2024

ICNZ backs polarising Fast-Track Approvals Bill for better natural hazard resilience while urging caution in land development.

WTW New Zealand names Rachael Pettigrew as Head of Risk Advisory

June 7 2024

Pettigrew has a strong government background and brings over 15 years of insurance experience to the role.

EQC secures NZ$9.2bn in natural hazard reinsurance

June 6 2024

NZ$9.2bn (US$5.7bn) reinsurance cover marks an increase of nearly NZ$1bn from previous year's total.

NZ Budget 2024 boosts disaster preparedness with new National Emergency Management Facility

June 3 2024

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.

NZ Medical Indemnity's ratings upheld as strategic shift boosts performance

May 3 2024

AM Best affirms ratings, though disestablishment of district health boards could cause challenges.

New Zealand moves to modernise century-old insurance laws as Parliament passes first reading of key bill

May 2 2024

The Contracts of Insurance Bill, which aims to shift disclosure responsibilities to insurers and prevent unfair claim denials, passes its first reading in Parliament.