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

March Provisional Floods Costs Near $80 Million Final Local Tongan Volcano Claims Reach $5.9 Million

Thursday, 12 May 2022, 9:18 am | Insurance Council of New Zealand

Provisional insurance claims data collected over 21-29 March 2022 for the torrential rain, thunderstorms and flash flooding that affected much of the top half of Te Ika-a-Māui (The North Island) but were particularly focused across Tāmaki-makau-rau (Auckland), ... More >>

Insurers Release Westport Flood Progress Data

Tuesday, 22 March 2022, 10:22 am | Insurance Council of New Zealand

The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) today released claims progress data on Westport’s July 2021 floods. They show 85% of home claims were fully settled or near completion. Around 85% of home contents claims, and 97% ... More >>

Initial Tongan Volcano Tsunami Claims Top $5.8 M

Friday, 25 February 2022, 7:26 am | Insurance Council of New Zealand

The initial estimate of insurance claims within Aotearoa New Zealand arising from the tsunami resulting from the Hunga Tonga-Hunga Haapai eruption is 60 claims totalling $5,876,560. Of the 60 claims, 49 relate to marine craft and total $1,947,282. Just ... More >>

Covid Cover Makes Traditional Travel Insurance Even More Essential

Wednesday, 23 February 2022, 7:16 am | Insurance Council of New Zealand

With the borders starting to open on 28 February, it’s essential that travellers are insured for both Covid and traditional travel risks. "With the much higher transmissibility of Omicron, we expect the proportion of travelling Kiwis claiming ... More >>

West Coasters: Act Now To Protect Yourselves And Your Property

Tuesday, 1 February 2022, 7:01 pm | Insurance Council of New Zealand

The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) urges West Coasters and Cantabrians to act now and follow the advice of local Civil Defence to protect themselves, homes and property following the Red Heavy Rain Warnings covering ... More >>

September South Island Windstorm Cost $36.5 M Raises 2021 Extreme Weather Claims Total To $321.6 M

Tuesday, 18 January 2022, 8:47 am | Insurance Council of New Zealand

Gale force winds and storms between 9 and 13 September 2021 resulted in insurers supporting communities to the tune of $36.5 m. This is a significant rise, of $16.7 m, on preliminary figures for the event and lifts the end of year total for all extreme ... More >>

Insurers Assisting With Safe, Coordinated Tutukaka Marina Recovery

Tuesday, 18 January 2022, 8:40 am | Insurance Council of New Zealand

Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) members are working with the Harbour Master and marina management to co-ordinate the safe recovery of wrecks, pollution management and health and safety matters for the recovery effort ... More >>

Record Insurance Support For Communities - 2021 Extreme Weather Claims Exceed $300 M

Wednesday, 22 December 2021, 9:45 am | Insurance Council of New Zealand

Total weather-related insurance costs have already hit a record high in 2021 at $304.9 m-, beating the previous record, set in 2020, of $274 m. Insured losses are only part of the picture. Taking under-insured and uninsured losses into account, ... More >>

Fire Safety Tips This Christmas Season

Friday, 10 December 2021, 12:59 pm | Insurance Council of New Zealand

Whether you’re spending Christmas Kirihimete at home or heading away, especially with the Auckland border set to open on 15 December, take care not to let fire ruin the festive season says the Insurance Council of New Zealand (ICNZ) Te Kāhui Inihua ... More >>

Tornado The Costliest On Record With $32m Paid To Customers For Insured Losses

Monday, 9 August 2021, 6:29 pm | Insurance Council of New Zealand

Preliminary figures released by the Insurance Council of New Zealand - Te Kāhui Inihua o Aotearoa - report that insurers have supported their customers with $32m paid for insured losses resulting from the tornado that tore through the South Auckland ... More >>

‘Just Wondering - How Well Do You Understand Your Insurance?’

Monday, 9 August 2021, 7:03 am | Insurance Council of New Zealand

This Money Week the Insurance Council of New Zealand - Te Kāhui Inihua o Aotearoa - is encouraging New Zealanders to make one day during the week their ‘Insurance Day’ to check their insurance and that the cover it provides meets their needs. ... More >>

ICNZ Supports Steps For Constant Improvements To Customer Outcomes

Thursday, 22 July 2021, 6:12 am | Insurance Council of New Zealand

The Insurance Council of New Zealand - Te Kāhui Inihiua o Aotearoa - acknowledged the Financial Markets Authority (FMA) conduct and culture review of the fire, general and health insurance sector, and the need for constant improvement of the sector. ... More >>

Severe Weather Clean-up Advice To Help Insurance Customers

Monday, 19 July 2021, 1:48 pm | Insurance Council of New Zealand

The severe weather of the weekend has left many Kiwis with a lengthy clean up, especially those in Westport and Buller. As people start to return home the Insurance Council of New Zealand - Te Kāhui Inihui o Aotearoa - has some useful tips and advice. "Those ... More >>

Single Point Of Contact For New Zealanders' Insurance Claims For Future Natural Disasters

Monday, 28 June 2021, 10:15 am | Insurance Council of New Zealand

From 30 June 2021, New Zealanders will have a single point of contact to support their insurance recovery if their home or land is damaged in a natural disaster. This follows the commencement of the new Natural Disaster Response Model between ... More >>

Insurance Support For Customers Affected By South Auckland Tornado

Sunday, 20 June 2021, 5:39 pm | Insurance Council of New Zealand

The Insurance Council of New Zealand - Te Kāhui Inihui o Aotearoa - is urging those affected by the tornado that ripped through the South Auckland suburb of Papatoetoe to stay safe and reach out to their insurer for support. "It is exactly these ... More >>

Insurers Support Canterbury Customers Affected By Floods

Monday, 31 May 2021, 12:17 pm | Insurance Council of New Zealand

As the rain continues to hit the wider Canterbury region the Insurance Council of New Zealand is encouraging Canterbury residents to contact their insurer to support them with their recovery. "Floods can leave vast damage in their wake and your ... More >>

End Of Daylight Savings Reminder - Check Your House Is Fire Safe And Ready For Winter

Wednesday, 31 March 2021, 10:49 am | Insurance Council of New Zealand

With clocks going back an hour this Sunday (5 April 2021) ICNZ is reminding Kiwis to check their house and property is ready for the cooler months ahead. Tim Grafton, CE Insurance Council of New Zealand, says that while winter is a couple of months ... More >>

2020 The Costliest Year For Severe Weather - Customers Get $248m Support From Insurers

Thursday, 25 February 2021, 9:41 am | Insurance Council of New Zealand

Insurance support for communities around the country hit by extreme weather events has hit a new annual record of $248m, with insurance customers making more than 13,600 weather related claims for the twelve months to December 2020. The revised figure ... More >>

Insurers Caution Home Buyers To Be Wary Of Insurance Pitfalls For Multi-unit Buildings

Wednesday, 27 January 2021, 2:13 pm | Insurance Council of New Zealand

Are you buying a new home attached to others? Is it being sold without a body-corporate to reduce costs and issues? The Insurance Council of New Zealand is urging all potential or existing owners of multi-unit property to check they can adequately insure their ... More >>

ICNZ Issues Advice For Boaties Planning To Capitalise On The America’s Cup Challenge Races

Thursday, 17 December 2020, 12:01 pm | Insurance Council of New Zealand

The Insurance Council of New Zealand (ICNZ) is warning all vessel operators to check they comply with the necessary Maritime New Zealand safety system requirements before heading out to watch the America’s Cup races this summer. "There are some ... More >>

 

 
 
 
 
 

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