Insurance Council - Latest News [Page 1]

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 ( ... 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 >>

Insurance Council Of New Zealand Launches Te Reo Name - Te Kāhui Inihua O Aotearoa

Wednesday, 9 June 2021, 11:18 am | Insurance Council

The Insurance Council of New Zealand is proud to launch is official te reo name - Te Kāhui Inihua o Aotearoa. Tim Grafton, CE ICNZ, says; "ICNZ and its members recognise just how important it is to acknowledge the diversity of New Zealand, our ... More >>

Insurers Pay More Than $200m To Help Customers Recovery From 2020’s Severe Weather

Wednesday, 23 December 2020, 1:52 pm | Insurance Council

The Insurance Council of New Zealand’s preliminary annual figure for severe weather events reinforces the support provided to insurance customers, with insurers paying in excess of $202 million- in insured loses over the last 12 months. Tim Grafton, ... More >>

Insurers Support Customers Affected By Severe Weather

Tuesday, 10 November 2020, 1:50 pm | Insurance Council

Insurers are supporting their customers following the severe weather that continues to track over the North Island, resulting in flooding and landslips in Napier overnight (Monday 9 November). The Insurance Council of New Zealand (ICNZ) and The Earthquake ... More >>

Car Insurers Investigate Misrepresentation Of Car Parts

Monday, 5 October 2020, 12:16 pm | Insurance Council

The Insurance Council of New Zealand and its members have recently been made aware of a car part supplier allegedly misrepresenting car parts as genuine to New Zealand repairers. Tim Grafton, Chief Executive ICNZ, says; "We understand that since ... More >>

Insurers Pay $37m To Support Northland Flood Recovery

Monday, 14 September 2020, 8:32 am | Insurance Council

Preliminary figures released today by the Insurance Council of New Zealand reaffirm the extent of damage the July Northland floods left behind, with $37m paid to date by insurers to support their customers' recovery. Tim Grafton, CE Insurance Council ... More >>

Recovery From Freak Tornado Storm Sees Insurance Customers Claim $10.8m

Wednesday, 26 August 2020, 8:56 am | Insurance Council

Preliminary figures for the tornado and storm that ripped through the upper North Island on 26-27 June have seen insured losses reach $10.8 million. The fierce winds and tornado led to widespread damage throughout the greater Auckland region, with ... More >>

Insurers And EQC Partner To Support Speedy Recovery In Flood-stricken Northland

Tuesday, 21 July 2020, 11:04 am | Insurance Council

As Northlanders start the tidy-up following the floods and severe weather experienced on Friday 17 and Saturday 18 July, ICNZ and EQC are urging people to contact their insurer as their first port of call to ensure the claims process is as easy and efficient ... More >>

ICNZ And Banqer Partner To Empower Young Kiwis

Wednesday, 3 June 2020, 9:43 am | Insurance Council

The Insurance Council of New Zealand (ICNZ) is proud to announce its official Support Partnership of Banqer High, an online financial education tool for secondary students. The partnership formalises a long relationship. The two organisations have worked ... More >>

2019 Weather Events Reach $167 Million

Thursday, 28 May 2020, 8:52 am | Insurance Council

The Insurance Council of New Zealand (ICNZ) has today issued updated figures for weather-related losses during 2019, with insurers paying $167.6 million to support their customers recover from severe weather events. The figures follow finalising ... More >>

Southland flood response - steps to take

Wednesday, 5 February 2020, 12:44 pm | Insurance Council

The Insurance Council of New Zealand (ICNZ) is issuing advice to those in the flood affected areas following a state of emergency being declared on Tuesday 4 February, 2020, for Southland, Fiordland and Clutha. More >>

Coronavirus - what you need to know for travel and business

Wednesday, 29 January 2020, 9:31 am | Insurance Council

The Insurance Council of New Zealand (ICNZ) is urging people to seek more information following the recent outbreak of Novel Coronavirus (2019-nCoV) in Wuhan, China, in late December 2019. More >>

Insurance advisory on the Timaru hailstorm

Tuesday, 14 January 2020, 1:57 pm | Insurance Council

As the recovery effort in the wake of the unprecedented November Timaru hailstorm continues, the insurance industry is advising people considering buying hail damaged vehicles to be well informed. More >>