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Insurance Council - Latest News [Page 6]
Private Insurers Pay Out $14 Billion in Quake Claims
Monday, 16 February 2015, 9:26 am | Insurance Council
Private insurers have paid out almost $14 billion in settling Canterbury earthquake claims, with more than 80% of all Canterbury earthquake commercial and out of scope claims completely settled. More >>
New Law Creates Double Standard ACC Compensation
Friday, 5 December 2014, 2:07 pm | Insurance Council
New Zealanders may very well be personally liable to top-up ACC compensation if they are convicted of any criminal offence that causes bodily injury to another person, says the Insurance Council of New Zealand. More >>
Financial Literacy Fund Must Prioritise Insurance Education
Friday, 7 November 2014, 1:03 pm | Insurance Council
The Insurance Council welcomes the Government’s half a million dollar Youth Financial Literacy Fund but warns programmes must promote understanding of financial risk. More >>
Action Required to Protect New Zealand from Natural Hazards
Wednesday, 5 November 2014, 10:35 am | Insurance Council
Action Required to Protect New Zealand from Natural Hazards Impact The insurance industry has released a 15-point plan aimed at reducing the social and economic impact of natural hazards in New Zealand - heeding the call will help keep insurance available ... More >>
Insurance Council Joins Initiative on Cyber Security
Monday, 29 September 2014, 10:48 am | Insurance Council
The Insurance Council (ICNZ) has formally joined a Government initiative to improve New Zealand’s cyber security. More >>
Change Required to Unfair Insurance-based Fire Service Levy
Tuesday, 12 August 2014, 9:56 am | Insurance Council
The New Zealand Institute of Economic Research (NZIER) is recommending a fairer way of funding the fire service to better reflect the public good it provides for all New Zealanders. More >>
Canterbury Earthquake Insurance Settlements Top $12 Billion
Wednesday, 6 August 2014, 10:42 am | Insurance Council
Insurance payouts for Canterbury earthquake claims has topped $12 billion, according to the Insurance Council of New Zealand. More >>
Insured Losses of Easter Storm $46 Million
Monday, 9 June 2014, 10:27 am | Insurance Council
Insured Losses of Easter Storm $46 Million The severe Easter storm that hit the West Coast particularly hard in April has led to provisional insured losses of almost $46 million, the Insurance Council of New Zealand reported today. “This is the ... More >>
Almost 60% of Canterbury Quake Insurance Claims Settled
Thursday, 15 May 2014, 12:31 pm | Insurance Council
Insurers involved in the Canterbury residential rebuild have settled almost 60% of all earthquake out of scope and over cap dwelling claims, according to the Insurance Council of New Zealand. More >>
ICNZ To Participate in Declaratory Judgment
Tuesday, 13 May 2014, 10:05 am | Insurance Council
The Insurance Council of New Zealand (ICNZ) will participate in a Declaratory Judgment sought by the Earthquake Commission (EQC) to review its approach to settling land damage arising from the Canterbury earthquakes. The EQC has developed an approach ... More >>
Insured Losses of February And March Storms $25 Million
Wednesday, 30 April 2014, 9:37 am | Insurance Council
Storms and flooding that mainly hit Canterbury in February and March have led to insured losses of about $25 million, the Insurance Council of New Zealand reported today. More >>
2013 Second Most Expensive Year On Record For Weather Damage
Tuesday, 28 January 2014, 3:39 pm | Insurance Council
2013 Second Most Expensive Year On Record For Insured Weather Damage 2013 will prove to be one of the most expensive years for weather-related damage with over $174 million of insured costs arising from weather-related events. “Last year was one of the ... More >>
Holidaymakers Warned to Prioritise Travel Insurance
Thursday, 19 December 2013, 9:49 am | Insurance Council
Insurance Council & Ministry of Foreign Affairs And Trade Warns Holidaymakers to Prioritise Travel Insurance • 1 in 5 Kiwis don’t take out travel insurance to certain destinations • Common misconception that medical treatment in Australia ... More >>
Insurers Agree to Help with Cera’s Land Clearance Strategy
Thursday, 28 November 2013, 9:30 am | Insurance Council
MEDIA RELEASE 28 November 2013 Insurers Agree to Help with Cera’s Land Clearance Strategy Insurers have agreed to help CERA with its land clearance strategy for Red Zone residential properties because it is in the best interests of the community ... More >>
Insurance Council Welcomes Transfer of Civil Defence
Tuesday, 19 November 2013, 12:28 pm | Insurance Council
Placing New Zealand’s ability to manage risk from natural disasters at the highest levels of Government is “right on the button because we are one of the most vulnerable country’s in the world to natural disasters,” Insurance Council Chief Executive ... More >>
Provisional Cost of September Storm Over $68 Million
Wednesday, 23 October 2013, 12:56 pm | Insurance Council
Provisional cost of insured damaged caused by the storm that hit the country 11-12 September was $68 million, the Insurance Council of New Zealand reported today. More >>
Prioritise Travel Insurance for Overseas Holiday
Tuesday, 9 July 2013, 4:39 pm | Insurance Council
As the school holiday season draws near, the Insurance Council of New Zealand is urging Kiwis to make travel insurance protection a priority for their overseas trip. More >>
ICNZ Satisfied Chch Consents Process Being Addressed
Thursday, 4 July 2013, 8:58 am | Insurance Council
The Insurance Council of New Zealand has welcomed Government’s appointment of a Crown Manager to address issues relating to the building consents process in Christchurch and the decision to audit recent building consents to ensure they are up to required ... More >>
Insurance Industry indicates support over roadblocks
Thursday, 26 July 2012, 4:40 pm | Insurance Council
The Insurance Council says the Minister for Earthquake Recovery’s indication to remove further roadblocks for insurers is a positive move. More >>
Travellers urged to check travel insurance policy wording
Wednesday, 11 July 2012, 1:25 pm | Insurance Council
The Insurance Council is urging Kiwi’s travelling abroad to check the wording of their travel insurance so they fully understand what their travel insurance covers and what it doesn’t cover. More >>
