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Insurance Council of New Zealand - Latest News [Page 1]
ICNZ Incoming Chief Executive Kris Faafoi
Friday, 12 January 2024, 8:23 am | Insurance Council of New Zealand
The Board of Te Kāhui Inihua o Aotearoa The Insurance Council of New Zealand (ICNZ) has appointed former Cabinet Minister Hon. Kris Faafoi to be its new Chief Executive from April 2024. ICNZ President and IAG New Zealand CEO, Amanda Whiting said Kris ... More >>
New President And Vice-President For Insurance Council Of New Zealand
Monday, 8 January 2024, 10:47 am | Insurance Council of New Zealand
Te Kāhui Inihua o Aotearoa The Insurance Council of New Zealand (ICNZ) has appointed the Chief Executive of IAG New Zealand, Amanda Whiting, as its new President and Adam Heath, Chief Executive of Farmers Mutual Group, as its Vice-President. "I ... More >>
Insurers Fully Settled 87% Gabrielle And Auckland Anniversary Claims
Tuesday, 12 December 2023, 11:01 am | Insurance Council of New Zealand
Insurers have fully settled 87% of all private insurance claims from the Auckland Anniversary weekend and Cyclone Gabrielle weather events. The two events are separately the two largest insurance weather events in Aotearoa’s history. Insurers have settled ... More >>
Flood Advice: Stay Safe And Contact Your Insurer Early
Thursday, 22 June 2023, 9:40 pm | Insurance Council of New Zealand
The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) urges those affected by floods and storms across Tairāwhiti and Hawke’s Bay to put their safety first, heed the advice of local authorities, including to self evacuate as per the ... More >>
2023 Climate Disaster Payouts Top $1 Billion
Thursday, 22 June 2023, 9:34 am | Insurance Council of New Zealand
Insurers have so far paid out $1.08 bn of an estimated $3.18 bn over 107,569 claims arising from the twin climate disasters of the Auckland Anniversary Weekend floods and Cyclone Gabrielle. For context, the general insurance sector incurred total claims ... More >>
Flood Advice: Stay Safe And Contact Your Insurer Early
Tuesday, 9 May 2023, 4:19 pm | Insurance Council of New Zealand
The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) urges those affected by floods and storms across Tāmaki Makaurau Auckland and other areas of Te Ika-a-Māui The North Island to put their safety first, heed the advice of local ... More >>
Correction Re 2023 Climate Claims Settled
Tuesday, 4 April 2023, 2:51 pm | Insurance Council of New Zealand
The number of claims settled for the Auckland Anniversary Weekend flood event was mis-stated in ICNZ’s early press release. The correct number of claims settled for just the Auckland Anniversary Weekend flood event is 7,305 claims settled out ... More >>
Global Insurance Gap Report Highlights Local Issues
Tuesday, 14 March 2023, 7:35 pm | Insurance Council of New Zealand
A new report from the Global Federation of Insurance Associations (GFIA) has identified and quantified the most significant, and growing, annual global insurance protection gaps, two of which are of particular concern for Aotearoa New Zealand in the area ... More >>
Insurers: Buyers Beware Of Flood Damaged Vehicles
Thursday, 23 February 2023, 9:04 am | Insurance Council of New Zealand
Insurers are urging buyers to look for signs of water damage and to check Waka Kotahi’s written off vehicle register when buying a vehicle so they can make well informed decisions. Between 1 and 22 February, 524 vehicles were added to the register as ... More >>
Insurers Welcome New Zealand Claims Resolution Service
Sunday, 19 February 2023, 7:00 am | Insurance Council of New Zealand
Insurers welcome the announcement of the New Zealand Claims Resolution Service (NZCRS) for property owners with house insurance as part of the response to natural disasters including the growing number of climate-driven extreme weather events that are leading ... More >>
New Zealand Must Build Back Better
Thursday, 16 February 2023, 3:20 pm | Insurance Council of New Zealand
Aotearoa New Zealand must not lose the opportunity to build back better from the catastrophic extreme weather events of the past two weeks, says the Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ). "Repairing and rebuilding ... More >>
Insurers Braced For Gabrielle Claims And Recovery 27 Jan To 2 Feb Event Claims Estimated Over 40,000
Wednesday, 15 February 2023, 8:03 am | Insurance Council of New Zealand
Insurers are prepared to handle the many claims that will arise from Cyclone Gabrielle from across the motu. People should try to register their claims on-line, leaving phone lines free for those who need the most urgent assistance. "While Gabrielle ... More >>
Get Ready For Cyclone Gabrielle
Friday, 10 February 2023, 1:41 pm | Insurance Council of New Zealand
Act now to protect yourselves and your property before Cyclone Gabrielle is expected to bring extreme winds and rain, and likely more slips and flooding, to Te Ika-a-Māui The North Island. Authorities and the media are doing a great job of warning people ... More >>
ICNZ Insurance Recovery Update
Friday, 3 February 2023, 12:40 pm | Insurance Council of New Zealand
As we approach one week since Aotearoa New Zealand’s largest climate event, the Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) provides the following updates. Advice for customers If you are displaced from your home or in ... More >>
Insurers Offer Advice To Business
Tuesday, 31 January 2023, 7:27 am | Insurance Council of New Zealand
As storms continue to impact much of the North Island, many businesses are having to deal with flood and other damage. Others should heed local warnings and take action now to limit loss and damage including, if possible, putting things out of reach ... More >>
Insurers Prioritising Worst Affected Customers
Sunday, 29 January 2023, 6:56 pm | Insurance Council of New Zealand
As storms continue to impact much of the North Island, insurers are prioritising those most affected, want to remind customers that claims can be lodged through insurers’ websites as well as by telephone and be transparent about the claims handling process ... More >>
Flood Advice: Stay Safe And Contact Your Insurer Early
Saturday, 28 January 2023, 11:32 am | Insurance Council of New Zealand
The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) urges those affected by floods and extreme rain across Tāmaki Makaurau Auckland and other areas of Te Ika-a-Māui The North Island to put their safety first, heed the advice of ... More >>
ICNZ Welcomes Improved Hazard Information On LIMs
Wednesday, 23 November 2022, 9:21 am | Insurance Council of New Zealand
The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) welcomes the introduction of the Local Government Official Information and Meetings Amendment Bill. The Bill includes provisions to open the door to greatly improved information ... More >>
Initial Insurance Losses From August Weather Bomb $48m
Wednesday, 12 October 2022, 7:14 am | Insurance Council of New Zealand
New claims data released today by the Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) show that mid August’s extreme weather resulted in 3,165 general insurance claims with a provisional value of $47.98 million. Of this, the ... More >>
Incoming Councils Must Prioritise Climate Resilience
Thursday, 22 September 2022, 8:44 am | Insurance Council of New Zealand
"Incoming mayors, councillors and community board members must prioritise investing in community-centred climate resilience," says Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) Chief Executive Tim Grafton. Local government ... More >>
