PORT HILLS FIRES INSURED LOSSES $18M
The wildfires that swept over the Port Hills of Christchurch in February has cost insurers $17.7 million dollars, the Insurance Council of New Zealand reported today. Two separate fires, several …
INSURANCE ADVISORY: EASTER HEAVY RAIN EXPECTED FOR BOP
With up to 300mm expected to hit Bay of Plenty in the 72 hours from midday Wednesday, on an already saturated region, the Insurance Council of NZ is urging people …
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EDGECUMBE INSURANCE ADVISORY: TEMPORARY ACCOMMODATION
The Insurance Council of New Zealand advise people who have uninhabitable homes due to flood damage to contact their insurer directly for help with temporary accommodation. Most home policies as …
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RISK REDUCTION INSURANCE ADVISORY: NORTH ISLAND HEAVY RAIN
With more heavy rain expected today and tomorrow as a result of the remnants of Cyclone Debbie, the Insurance Council of NZ is urging people in the North Island to …
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ICNZ SUPPORTS IPSA REVIEW PROCESS
The Insurance Council of New Zealand welcomes the review of the legislation that regulates insurers that was announced today. The Reserve Bank of New Zealand is the prudential supervisor of …
MAJORITY OF NOVEMBER 2016 EARTHQUAKE CLAIMS TO BE COMPLETE BY YEAR END
Private insurers plan to have made the majority of cash settlement offers by the end of the year for all commercial and residential claims. The 14 November earthquake was not …
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INSURANCE ADVISORY: FLOODING IN UPPER NORTH ISLAND
The Insurance Council of NZ advises people affected by flood damage with the weather related events in the Upper North Island to contact their insurer as soon as possible. “After …
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INSURANCE COUNCIL ASKS DUNNE TO COME CLEAN ON FUNDING EMERGENCY SERVICES
The Insurance Council of New Zealand is asking Internal Affairs Minister and United Future Leader to come clean about how he would fund a national emergency response service. “Mr Dunne …
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FIRST FAIR INSURANCE CODE DATA RELEASED
The Insurance Council of New Zealand released today its first Fair Insurance Code annual report of the number of claims received, the number of complaints made to internal and external …
INSURERS SETTLE $2.7 BILLION CANTERBURY CLAIMS IN 2016
The Insurance Council of New Zealand announced today that private insurers have paid out nearly $2.7 billion in 2016 to settle commercial and residential claims resulting from the 2010 and …
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