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Insurance Council - Latest News [Page 1]
Get Ready For Strong Winds, Heavy Rain And Snow
Thursday, 21 September 2023, 3:59 pm | Insurance Council
Act now to protect yourselves and your property as a band of weather brings high winds and heavy rains, and in some places snow, up Te Waipounamu/the South Island and into Te Ika-a-Māui/the North Island as we go into the weekend. As usual, Metservice ... More >>
2023 Climate Disaster Payouts Top $2 Billion
Friday, 15 September 2023, 2:26 pm | Insurance Council
Insurers have so far paid out $2.053 bn of a newly updated estimate of the cost of general insurance claims for the twin climate disasters of the Auckland Anniversary Weekend floods and Cyclone Gabrielle of $3.5bn across 112,812 claims. "Good ... More >>
ICNZ ANZIIF 2023 Scholarship Launched
Thursday, 7 September 2023, 11:47 am | Insurance Council
The Insurance Council of New Zealand - Te Kāhui Inihua o Aotearoa (ICNZ) and the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) are proud to announce The ICNZ Scholarship is now open for submissions. The ICNZ and ANZIIF ... More >>
Insurers Welcome Next Step In Climate Disaster Recovery
Thursday, 1 June 2023, 12:09 pm | Insurance Council
The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) welcomes the next step in the recovery from the twin climate disasters of the Auckland Anniversary Weekend floods and Cyclone Gabrielle. ICNZ acknowledges this will provide certainty ... More >>
Over A Third Of 2023 Climate Claims Settled
Tuesday, 4 April 2023, 11:29 am | Insurance Council
Combined claims for the Auckland Anniversary Weekend flooding and Cyclone Gabrielle now stand at 96,586 claims worth $2.47 billion. Insurers have so far paid out over 33,000, 34%, of claims. On 30 March, insurers had put $396 million back into communities ... More >>
Provisional Cyclone Gabrielle Claims Reach $890m
Thursday, 23 March 2023, 9:51 am | Insurance Council
Provisional general insurance claims data for Cyclone Gabrielle have been released by the Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ). Over 40,000 claims have been recorded to date worth around $890 million for Cyclone Gabrielle ... More >>
Insurers’ Support For The Weather Bombs $111 Million To Date
Monday, 6 March 2023, 10:32 am | Insurance Council
Provisional general insurance claims data for the Auckland Anniversary Weekend flood event have been released by the Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ). "While it is still early days, around $111 million of insurance ... More >>
Hawke’s Bay And Tairāwhiti Insurance Recovery
Friday, 17 February 2023, 11:57 am | Insurance Council
Advice follows on what people affected by Cyclone Gabrielle can do to begin their recovery from an insurance perspective in Hawke’s Bay and Tairāwhiti. Insurers recognise that many people will not be able to quickly inform their insurers of a ... More >>
Northland Region Insurance Recovery Advice
Friday, 17 February 2023, 11:57 am | Insurance Council
Advice follows on what people in the worst affected parts of Whangārei, Kaipara District, including Dargaville, and Far North District can do to begin their recovery from an insurance perspective. Insurers recognise that many people will not be able ... More >>
Insurers Offer Advice To Renters And Landlords
Tuesday, 31 January 2023, 1:42 pm | Insurance Council
As Aotearoa New Zealand’s insurers are helping owner occupiers affected by the ongoing climate event, they are also working with many landlords and tenants. Many are facing their homes being at least temporarily uninhabitable, fully or partially ... More >>
Lost Bags? Help Is At Hand
Friday, 13 January 2023, 3:44 pm | Insurance Council
Travel insurers say travellers should know their rights when it comes to their bags not turning up after a flight. "In the first instance, the airline is responsible for the initial reimbursement of the costs incurred as a result of delayed or lost ... More >>
Final July And August Extreme Weather Claims Top $123m
Wednesday, 14 December 2022, 8:48 am | Insurance Council
Final claims data released today by the Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) show that extreme weather-related claims spanning five events across July and August has reached 11,086 claims valued at $123.8 million. This is ... More >>
Provisional Claims For May's Levin Tornado Top $8 Million
Wednesday, 6 July 2022, 9:59 am | Insurance Council
Provisional insurance claims data collected for the 20 May tornado affecting Taitoko Levin amount to $8.1 million across 807 claims comprising 532 domestic, 184 vehicle, 86 commercial, two business interruption and three other claims. "While there ... More >>
February’s Cyclone Dovi Insurance Claims Top $44 M
Monday, 4 April 2022, 8:54 am | Insurance Council
Provisional general insurance claims for cyclone Dovi, which traversed the North Island and the top of the South Island between 9 and 14 February, have come in at $44.43 million across 8,767 claims says the Insurance Council of New Zealand Te Kāhui ... More >>
Don’t Let Thieves Steal Your Christmas
Thursday, 16 December 2021, 9:06 am | Insurance Council
Christmas Kirihimete is unfortunately a time of year when empty homes, full cars and perhaps being off our guard while staying away means more opportunities for burglaries and accidental loss or damage. While insurance can often cover much of what’s lost, ... More >>
Insurers’ Support For July Weather Bomb Affected Communities Tops $140 Million
Thursday, 9 December 2021, 2:39 pm | Insurance Council
The storm of 16-19 July 2021 that affected large parts of the country led to $140.5 million in insurance pay-outs across to the community covering 5,534 claims. Worst affected areas included Buller and Westland, particularly Westport, as well as parts ... More >>
Insurance response to July severe weather through Westport
Tuesday, 7 September 2021, 2:55 pm | Insurance Council
Preliminary figures for the 16-19 July storm, that saw a rare red weather warning issued by Metservice, has seen 5,207 claims made to date with insurers supporting their customers with at least $122m for insured losses. More >>
Auckland flood response at L4 - insurers there for customers
Tuesday, 31 August 2021, 10:56 am | Insurance Council
Following the severe weather that has left many parts of West Auckland under water overnight, the Insurance Council of New Zealand - Te Kāhui Inihui o Aotearoa - confirms that insurers are there to support their customers no matter the alert level. More >>
2021 ICNZ And ANZIIF Scholarship Opens For Submissions
Tuesday, 3 August 2021, 9:28 am | Insurance Council
The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and the Insurance Council of New Zealand (ICNZ) - Te Kāhui Inihua o Aotearoa - are pleased to announce submissions are open for the 2021 ICNZ and ANZIIF Scholarship ( https://anziif.com/membership/scholarships#ICNZ ... More >>
Insurance Customers Receive $43.8m To Recover From Canterbury Floods
Wednesday, 21 July 2021, 10:29 am | Insurance Council
Insurance customers through the Canterbury region lodged 3,538 claims costing over $43.8million for insured losses following the 29 May - 1 June floods according to provisional figures released by the Insurance Council of New Zealand - Te Kāhui ... More >>
