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Insurance Council of New Zealand - Latest News [Page 2]
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 >>
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 >>
