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Insurance Council of New Zealand - Latest News [Page 8]
Labour Party Policy a Mixed Bag
Wednesday, 9 July 2014, 4:03 pm | Insurance Council of New Zealand
The Insurance Council of New Zealand (ICNZ) would welcome any review of insurers’ response to the Canterbury earthquakes, rejects the Labour Party’s proposal for another regulator of the industry and supports its policy of transferring levies ... More >>
2014 Insured Storm Damage Nears $77 Million
Wednesday, 9 July 2014, 3:06 pm | Insurance Council of New Zealand
Insured storm damage for the first half of 2014 is almost $77 million, according to the Insurance Council of New Zealand. More >>
Cost of February Canterbury Storm Nearly $5 Million
Thursday, 3 July 2014, 5:16 pm | Insurance Council of New Zealand
The ‘supercell’ storm that hit Canterbury on 23 February 2014 resulted in $4.8 million of insurance payouts, according to the Insurance Council of New Zealand. More >>
Earthquake Court Approach Misguided
Monday, 9 June 2014, 1:21 pm | Insurance Council of New Zealand
Lawyers will be the only winners from the Labour Party’s decision to set up an Earthquake Court that would be funded by everyone who takes out insurance in New Zealand and potentially Cantabrians may have to wait even longer to have claims resolved, ... More >>
Businesses urged to prepare for threat of cyber attacks
Monday, 26 May 2014, 11:58 am | Insurance Council of New Zealand
The insurance industry warns that New Zealand businesses need to better prepare for escalating cyber threats. Insurers are urging New Zealand businesses, particularly small and medium-sized enterprises, to review the security of their networks and ... More >>
Canterbury Earthquake Insurance Pay Outs Over $11 Billion
Wednesday, 2 April 2014, 11:07 am | Insurance Council of New Zealand
Insurance companies have paid out over $11.1 billion in commercial and residential Canterbury earthquake settlements at the end of February 2014, according to the Insurance Council of New Zealand. More >>
Insurance Council Applauds Urgency on Flood Issues
Thursday, 6 March 2014, 4:56 pm | Insurance Council of New Zealand
The Government and the Christchurch City Council are to be applauded for the urgency being given to flood mitigation plans, the Insurance Council of New Zealand said today. More >>
Insurance Advisory to Cantabrians
Wednesday, 5 March 2014, 3:26 pm | Insurance Council of New Zealand
Homeowners affected directly as a result of storm or flood damage over the past couple of days should contact their insurers to have damage assessed, the Insurance Council of New Zealand advised today. More >>
Thousands Of Canterbury Earhtquake Rebuilds Underway
Wednesday, 26 February 2014, 9:33 am | Insurance Council of New Zealand
Some 18 months after the insurer-managed over cap repairs and rebuild programme could kick off in Canterbury, 86% are either settled, had repairs or rebuilds managed by insurers or are in the design/build process, according to the Insurance Council of ... More >>
Over $10 Billion Paid By Insurers for Canterbury Earthquake
Wednesday, 12 February 2014, 2:38 pm | Insurance Council of New Zealand
Insurers involved in the Canterbury earthquake recovery effort have paid out over $10 billion in commercial and residential settlements, according to the Insurance Council of New Zealand. More >>
Insurance Media Award launched
Thursday, 6 February 2014, 3:12 pm | Insurance Council of New Zealand
The Insurance Council of New Zealand (ICNZ) and New Zealand Journalists Training Organisation (NZJTO) have joined forces to launch an annual media award aimed at promoting a better understanding of general insurance. The aim of the $5000 award ... More >>
Insured Losses From Central NZ Earthquakes $31 Million
Thursday, 19 December 2013, 4:53 pm | Insurance Council of New Zealand
Total insured losses from the central New Zealand earthquakes in July and August this year was $31.1 million, the Insurance Council of New Zealand reported today. More >>
20% of People Don’t Insure Their Contents
Tuesday, 17 December 2013, 4:22 pm | Insurance Council of New Zealand
The Insurance Council of New Zealand has today provided householders with some important tips to assist with the protection of their assets over the holiday period. More >>
Insurer Canterbury Residential Claims 87% Completed
Monday, 4 November 2013, 9:03 am | Insurance Council of New Zealand
Insurers involved in the Canterbury recovery have completed or agreed resolution for 87% of their residential property claims. Data collected by CERA to 1 October 2013 confirms that of the 24,660 over cap dwellings with insurers, 21,250 are fully ... More >>
Kiwi Insurance Ill-Conceived Back to the Future Policy
Sunday, 3 November 2013, 9:57 am | Insurance Council of New Zealand
Creating a State-owned insurance company is an ill-conceived back to the future policy, says the Insurance Council of New Zealand (ICNZ). More >>
Insurance Companies Pay $320 Million Canterbury DHB Claim
Monday, 21 October 2013, 3:18 pm | Insurance Council of New Zealand
The settlement of a $320 million Canterbury District Health Board (CDHB) insurance claim is the biggest payout in New Zealand history – equalling a $320 million insurance payment to Housing New Zealand earlier this year. More >>
ICNZ Warns Country Must Adapt to Extreme Weather Events
Wednesday, 16 October 2013, 9:31 am | Insurance Council of New Zealand
The cost of insured damage from extreme weather events for 2013 is likely to be over $100 million, making it the most costly year from storms in New Zealand since 2004, according to the Insurance Council of New Zealand. More >>
Court Ruling: Council Cannot Impose Higher Repair Standards
Tuesday, 8 October 2013, 5:04 pm | Insurance Council of New Zealand
The Insurance Council has welcomed a Court of Appeal ruling upholding a High Court decision that the Christchurch City Council could not set a higher-than-minimum seismic strength standard for repair to earthquake damaged buildings. More >>
Insurance Council Welcomes Government Funding Research
Friday, 4 October 2013, 12:57 pm | Insurance Council of New Zealand
The Insurance Council of New Zealand has welcomed Government’s announcement that up to $201 million will be spent on scientific research aimed at strengthening New Zealand’s resilience to natural hazards. More >>
Final Insured Cost of April 2013 Storms $46.2 Million
Tuesday, 10 September 2013, 2:39 pm | Insurance Council of New Zealand
The final insured cost of the April 2013 storms that flooded parts of Nelson and the Bay of Plenty have come in at $46.2 million. The Nelson/Tasman district was the most badly damaged with insured costs mounting to $33.7 million which was about evenly ... More >>
