Insurance Council of New Zealand - Latest News [Page 1]

Settlement of Earthquake Claims Tops $13 Billion

Friday, 31 October 2014, 4:21 pm | Insurance Council of New Zealand

The settling of Canterbury earthquake private insurance claims continues apace as pay outs hit the $13 billion mark, advancing at $10 million a day in 2014. More >>

New Wellington Fault Unlikely to Impact on Premiums

Wednesday, 8 October 2014, 3:00 pm | Insurance Council of New Zealand

The discovery of a new fault in Wellington is unlikely to have any impact on insurance premiums for homeowners and businesses, according to the Insurance Council of New Zealand. More >>

iPhone release: Insurers on Lookout for Fraudulent Claims

Friday, 26 September 2014, 4:58 pm | Insurance Council of New Zealand

Insurers are expecting a surge in fraudulent phone claims on the back of the new iPhone launch in New Zealand today. More >>

2014 Insured Cost of Weather Now Over $135 Million

Monday, 8 September 2014, 2:08 pm | Insurance Council of New Zealand

New reports have taken the insured cost of weather-related damage this year to over $135.4 million, the Insurance Council of New Zealand announced today. More >>

Cost of Insured Damage From June Storm $30 Million

Tuesday, 29 July 2014, 2:26 pm | Insurance Council of New Zealand

The cost of insured damage from the June 2014 storm that brought down trees and power lines cutting power to over 80,000 residents was $30 million, taking the tally for the year to $107 million. More >>

Fairfax Reporter Wins for Excellence in Insurance Journalism

Thursday, 10 July 2014, 10:34 am | Insurance Council of New Zealand

Fairfax reporter Eloise Gibson has won the inaugural Excellence in Insurance Journalism Award and Radio New Zealand journalist Eric Frykberg the Highly Commended prize. More >>

Labour Party Policy a Mixed Bag

Wednesday, 9 July 2014, 4:03 pm | Insurance Council of New Zealand

The Insurance Council of New Zealand (ICNZ) would welcome any review of insurers’ response to the Canterbury earthquakes, rejects the Labour Party’s proposal for another regulator of the industry and supports its policy of transferring levies ... More >>

2014 Insured Storm Damage Nears $77 Million

Wednesday, 9 July 2014, 3:06 pm | Insurance Council of New Zealand

Insured storm damage for the first half of 2014 is almost $77 million, according to the Insurance Council of New Zealand. More >>

Cost of February Canterbury Storm Nearly $5 Million

Thursday, 3 July 2014, 5:16 pm | Insurance Council of New Zealand

The ‘supercell’ storm that hit Canterbury on 23 February 2014 resulted in $4.8 million of insurance payouts, according to the Insurance Council of New Zealand. More >>

Earthquake Court Approach Misguided

Monday, 9 June 2014, 1:21 pm | Insurance Council of New Zealand

Lawyers will be the only winners from the Labour Party’s decision to set up an Earthquake Court that would be funded by everyone who takes out insurance in New Zealand and potentially Cantabrians may have to wait even longer to have claims resolved, ... More >>

Businesses urged to prepare for threat of cyber attacks

Monday, 26 May 2014, 11:58 am | Insurance Council of New Zealand

The insurance industry warns that New Zealand businesses need to better prepare for escalating cyber threats. Insurers are urging New Zealand businesses, particularly small and medium-sized enterprises, to review the security of their networks and ... More >>

Canterbury Earthquake Insurance Pay Outs Over $11 Billion

Wednesday, 2 April 2014, 11:07 am | Insurance Council of New Zealand

Insurance companies have paid out over $11.1 billion in commercial and residential Canterbury earthquake settlements at the end of February 2014, according to the Insurance Council of New Zealand. More >>

Insurance Council Applauds Urgency on Flood Issues

Thursday, 6 March 2014, 4:56 pm | Insurance Council of New Zealand

The Government and the Christchurch City Council are to be applauded for the urgency being given to flood mitigation plans, the Insurance Council of New Zealand said today. More >>

Insurance Advisory to Cantabrians

Wednesday, 5 March 2014, 3:26 pm | Insurance Council of New Zealand

Homeowners affected directly as a result of storm or flood damage over the past couple of days should contact their insurers to have damage assessed, the Insurance Council of New Zealand advised today. More >>

Thousands Of Canterbury Earhtquake Rebuilds Underway

Wednesday, 26 February 2014, 9:33 am | Insurance Council of New Zealand

Some 18 months after the insurer-managed over cap repairs and rebuild programme could kick off in Canterbury, 86% are either settled, had repairs or rebuilds managed by insurers or are in the design/build process, according to the Insurance Council of ... More >>

Over $10 Billion Paid By Insurers for Canterbury Earthquake

Wednesday, 12 February 2014, 2:38 pm | Insurance Council of New Zealand

Insurers involved in the Canterbury earthquake recovery effort have paid out over $10 billion in commercial and residential settlements, according to the Insurance Council of New Zealand. More >>

Insurance Media Award launched

Thursday, 6 February 2014, 3:12 pm | Insurance Council of New Zealand

The Insurance Council of New Zealand (ICNZ) and New Zealand Journalists Training Organisation (NZJTO) have joined forces to launch an annual media award aimed at promoting a better understanding of general insurance. The aim of the $5000 award ... More >>

Insured Losses From Central NZ Earthquakes $31 Million

Thursday, 19 December 2013, 4:53 pm | Insurance Council of New Zealand

Total insured losses from the central New Zealand earthquakes in July and August this year was $31.1 million, the Insurance Council of New Zealand reported today. More >>

20% of People Don’t Insure Their Contents

Tuesday, 17 December 2013, 4:22 pm | Insurance Council of New Zealand

The Insurance Council of New Zealand has today provided householders with some important tips to assist with the protection of their assets over the holiday period. More >>

Insurer Canterbury Residential Claims 87% Completed

Monday, 4 November 2013, 9:03 am | Insurance Council of New Zealand

Insurers involved in the Canterbury recovery have completed or agreed resolution for 87% of their residential property claims. Data collected by CERA to 1 October 2013 confirms that of the 24,660 over cap dwellings with insurers, 21,250 are fully ... More >>

 

 

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