The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) is urging the Government to take a leadership role on climate adaptation and build New Zealand’s resilience against the impact of climate change on lives and property. The ICNZ is presenting on its submission on the Inquiry into Climate Adaptation to the Finance …
The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) is calling for the Fast-Track Approvals Bill to bolster resilience and ensure development projects safeguard people and property against natural hazard risks such as flooding. “We acknowledge the purpose of the Fast-Tack Approvals Bill to deliver faster infrastructure and development projects. We especially …
Fast Track Approvals Bill needs natural hazards risk protections Read More »
The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) is welcoming additional funding in Budget 2024 to invest in building resilient communities affected by the Auckland Anniversary Weekend flooding and Cyclone Gabrielle events. “The extreme weather events in early 2023 was New Zealand’s second largest natural disaster and caused immense damage and …
The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the first reading of the Contracts of Insurance Bill, saying the overhaul of the legislation is well overdue. “This Bill has been long awaited and I congratulate the Minister of Commerce and Consumer Affairs, Andrew Bayly, for his support and commitment …
ICNZ welcomes first reading of Contracts of Insurance Bill Read More »
The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) has endorsed findings that New Zealand needs to act decisively around natural hazards risks to ensure insurance is affordable and available in the future. The Reserve Bank yesterday released an excerpt on insurance in its upcoming Financial Stability Report which noted that insurers, …
ICNZ endorses call to lift understanding of natural hazard risks Read More »
The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) has introduced more detailed reporting about complaints in a commitment by the insurance industry to provide greater transparency and openness to New Zealanders. ICNZ currently reports on the total number of complaints dealt with by the industry and referred to independent external dispute …
Insurers have fully settled 91% 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 106,891, of 117,414 claims valued at $3.75 billion. By value, insurers have so far paid out $3.06 …
Gabrielle and Auckland Anniversary claims settlements top 90% Read More »
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 will take over from Chief Executive Tim Grafton after he steps down …
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 feel honoured to have the confidence of my fellow Board members to take up this …
New President and Vice-President for Insurance Council of New Zealand Read More »
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 99,798 of 115,353 claims valued at $3.6bn. “Really good progress has been made on settling claims. Insurers are …
Insurers fully settled 87% Gabrielle and Auckland Anniversary claims Read More »
©Insurance Council of New Zealand | Te Kahui Inihua o Aotearoa Privacy Policy
