New Zealand

Photo of someone using computer with computer data on the screen. Photo of iTower in top left corner.

New Zealand: AM Best affirms Tower's financial strength despite 2023's severe weather events

April 24 2023

Tower maintained its 'A-' FSR thanks to its very strong balance sheet

Photo of shop or commercial location that has been flooded in New Zealand.

New Zealand: 2022 set new record for extreme weather claims, but 2023 is already multiples worse

April 13 2023

The amount claimed for climate-related issues in 2023 is nearly NZ$2.5bn, dwarfing the NZ$350 million record set for 2022.

Photo of someone speaking in a meeting. Firemark and Planck logos in top left corner.

IAG invests in underwriting automation insurtech Planck

April 13 2023

Firemark Ventures' investment is part of IAG's strategy to back cutting-edge and disruptive technologies.

Honan continues M&A streak with acquisition of NZ Certus Insurance Brokers

March 9 2023

ANZ broker Honan Insurance Group (Honan) has announced the acquisition of Certus Insurance Brokers (CIBNZ). Honan has been very active in the M&A market having acquired six businesses since July,...

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