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Insurance Council of New Zealand - Latest News [Page 2]
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 >>
July Extreme Weather Insurance Claims Hit $43.7m
Wednesday, 14 September 2022, 10:00 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 weeks of extreme weather over July resulted in 6,266 general insurance claims with a provisional value of $43.7 million. "Extreme ... More >>
2022 ICNZ/ANZIIF Scholarship Open For Submissions
Tuesday, 30 August 2022, 7:45 pm | Insurance Council of New Zealand
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 2022 ICNZ and ANZIIF Scholarship . The ICNZ ... More >>
Flood-impacted Homeowners Urged To Call Their Private Insurer
Sunday, 21 August 2022, 2:02 pm | Insurance Council of New Zealand
As Nelson residents start the clean-up following recent severe weather, ICNZ Te Kāhui Inihua o Aotearoa and Toka Tū Āke 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 >>
Westcoasters: Act Now On Red Weather Warning
Tuesday, 16 August 2022, 4:04 pm | Insurance Council of New Zealand
Those living on the West Cost of Te Waipounamu, in the Buller District and Upper South Island (Tasman Ranges), should act now and follow the advice of local civil defence authorities as Metservice’s local extreme weather warnings have been upgraded ... More >>
2022 Extreme Weather Insurance Claims Near $200m
Friday, 29 July 2022, 10:45 am | Insurance Council of New Zealand
New claims data released today by the Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) shows total insurance payments back to communities for extreme weather events closing in on $200 million for the year to the end of June. Last year ... More >>
ICNZ Flood And Storm Insurance Claims Advice
Tuesday, 26 July 2022, 11:47 am | Insurance Council of New Zealand
The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) urges those affected by flood and storm damage from Northland into the South Island to put their safety first, heed the advice of local civil defence and contact their insurer early. ... More >>
Enforcement Key To Consumer Protection
Wednesday, 15 June 2022, 9:43 am | Insurance Council of New Zealand
Much better enforcement of existing laws and regulations is required to protect consumers from mis-selling of motor vehicle add-on insurance products says the Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ). "Vehicle insurance ... More >>
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 >>
