New Zealand

A jigsaw puzzle with a view of auckland.

Howden expands regional presence with acquisition of New Zealand's Apex Insurance

September 6 2023

Apex Insurance New Zealand was founded in 1999 and has grown to become one of NZ's largest privately-owned insurance brokers, serving the mid-market and SME segment.

A man in a suit is smiling in front of a window.

Josh Roach to lead Marsh Pacific operations from start of 2024

September 6 2023

Roach will commence his new role as President of Marsh Pacific starting from January 2024, when he will take charge of operations across Australia, New Zealand, Fiji, and PNG.

new-zealands-dpls-outlook-upgraded-following-combined-ratio-improvement

New Zealand-based DPL receives outlook upgrade following combined ratio improvement

August 18 2023

AM Best revised DPL's outlook from stable to positive, after the motor and life insurer's combined ratio improved to 77.4% in 2023.

perils-third-industry-loss-estimate-for-nzs-cyclone-gabrielle-surpasses-nz-2bn

PERILS releases third loss estimate for Cyclone Gabrielle, surpassing NZ$2bn

August 17 2023

The industry loss estimate for the February Nat Cat has increased to NZ$2.018bn (US$1.19bn).

suncorp-new-zealand-nat-cats-key-cause-of-30-profit-drop-in-year-ending-june-30-focus-on-recovery

Suncorp New Zealand: year-end P&C profits down 56%, focus on recovery

August 9 2023

Premiums to be impacted after insurer is hit hard by twin Feb Nat Cat events, increased reinsurance costs, and inflationary pressures.

PERILS releases third loss estimate for Auckland Anniversary floods

August 4 2023

PERILS's latest estimate puts the New Zealand flood loss figure at NZ$2bn.

industry-veteran-jacob-hewitt-joins-new-zealands-vero-insurance-to-lead-construction-and-engineering-division

NZ’s Vero strengthens Construction and Engineering team with hire of experienced technical underwriter Jacob Hewitt

August 3 2023

Hewitt brings with him his extensive experience in the civil engineering and insurance sectors.

Chubb appoints Chris Gough as Head of P&C, Asia and Hayden Baker as Head of P&C, ANZ

August 2 2023

Both appointments are internal promotions - Gough has been with Chubb for over a decade, while Baker has spent five years with the company.

chubb-life-nz-earns-outstanding-ratings-reinforces-position-in-new-zealand-insurance-market

Chubb Life NZ earns excellent ratings, reinforces position in New Zealand's insurance market

July 7 2023

Despite some challenges in 2021 and 2022, AM Best awarded Chubb Life NZ's ratings thanks to factors including its diversified distribution approach and prudent underwriting management.

new-zealands-financial-markets-authority-releases-broker-and-agent-related-guidance-to-ensure-fair-treatment-of-customers

New Zealand's regulator releases broker and agent-related guidance to ensure fair treatment of customers

June 26 2023

NZ's FMA released new guidance to help financial institutions ensure fair treatment of consumers when distributing products and services through intermediated channels.

icnz-over-nz1bn-us621m-paid-out-for-auckland-anniversary-weekend-floods-and-cyclone-gabrielle-so-far

ICNZ: Over NZ$1bn (US$621m) paid out so far for Cyclone Gabrielle and Auckland Anniversary Weekend Floods

June 22 2023

While 35% of claims have been settled, the Insurance Council of New Zealand's Chief Executive said there's still a long road ahead.

emergence-expands-cyber-insurance-offering-to-new-zealand

Australian MGA Emergence expands Cyber offering to New Zealand

June 5 2023

The cyber specialist has taken its first step internationally and will provide Cyber Excess policies with limits of up to NZ$20m.

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