New Zealand
Steadfast invests in emerging risks SME underwriting agency
Australian broker Steadfast has joined forces with South African insurer Hollard Insurance to invest in an underwriting agency aimed at SME emerging risks.
New Zealand Earthquakes: Kiwi crisis
New Zealand insurers were exposed to intense pressure following the devastating earthquakes in Canterbury in 2010 and 2011. Post investigates the lessons learned from these events for insurers in both New Zealand and the UK
Regional review: New Zealand
There is more to the New Zealand insurance industry than handling natural disaster claims, a fact that may have been forgotten following the Christchurch earthquake events four years ago. Post caught up with a range of New Zealand industry insiders to…
Brisbane hailstorm hurts IAG's first half profits
Catastrophes and reduced reserved releases contributed to IAG's 9.8% fall in profits in the first half of its financial year through 31 December.
Canterbury earthquakes could cost Lloyd's £2.8bn
Lloyd's has paid out NZ$4.2bn (£2bn) for the 2010 and 2011 Canterbury earthquakes in New Zealand and estimates a further payout of NZ$1.6bn.
Steadfast buys underwriting agencies and broker from QBE
Australian insurance group Steadfast has bought two underwriting agencies and a broker from Australian giant QBE for A$290m (£147m).
Ace enhances premises pollution cover for Australia and New Zealand
Insurer Ace has enhanced its premises pollution liability policy for Australia and New Zealand.
Interview: Stuart Spencer: Bullish about Japan
Andrew Tjaardstra, Post’s Asia editor, speaks to Stuart Spencer, head of Asia-Pacific, Zurich, about the post he has held for just over a year and Zurich's nation building in the region.
Cigna moves into New Zealand over fifties travel market
Cigna New Zealand has unveiled its first own branded online travel insurance product aimed at the mature traveller.
Underwriting Agencies Council launches expo in New Zealand
The Underwriting Agencies Council, based in Sydney, will host its inaugural expo in New Zealand on 16 February at Auckland.
New Zealand expects 30cm sea level rise
The New Zealand Insurance Council has accepted a government report stating a 'locked in' 30cm rise in sea-levels.
Austbrokers becomes largest broker network in New Zealand
Austbrokers has bought broker network BrokerWeb Management in New Zealand.
New Zealand Insurance Council joins government cyber crime initiative
The Insurance Council of New Zealand has teamed up with the National Cyber Policy Office to offer advice to individuals and companies.
Youi expands into New Zealand
South Africa-owned car and home insurer Youi has entered the New Zealand market.
Lloyd's backed underwriting agency opens in New Zealand
Delta Insurance has launched in New Zealand to try and capitalise on increased market consolidation.
AJ Gallagher gains regulatory approval for Wesfarmers broker deal
Regulatory approval has been granted for the A$1.1bn ($928m) acquisition by Arthur J Gallagher of Wesfarmers insurance broking operations.
Easter New Zealand storms cost insurers $39m
According to the Insurance Council of New Zealand April's Easter storm caused insured losses of nearly NZ$46m ($39m).
New Zealand regulator clears IAG's Wesfarmers deal
After several delays the New Zealand Commerce Commission has agreed to Insurance Australia Group's acquisition of Wesfarmers' Lumley insurance business.
New Zealand regulator delays IAG Wesfarmers decision
The New Zealand regulator has once again delayed a decision on approving Insurance Australia Group's acquisition of Wesfarmers' underwriting division.
Gallagher buys Wesfarmers broking division for A$1.1bn
International insurance broker Arther J Gallagher & Co. has bought Wesfarmers insurance broking operations based in Australia, New Zealand and the UK for A$1.1bn ($928m).
Gallagher acquires in New Zealand
Arthur J. Gallagher has acquired commercial insurance broker Auckland-based Mike Henry Insurance Brokers.
Suncorp raises concerns over IAG's Lumley acquisition
Australian financial group Suncorp which owns general insurer Vero in New Zealand has serious concerns about IAG's potential acquisition of Lumley in the country.
No casualties reported from New Zealand earthquake
There have been no reported casualties from a 6.3 magnitude earthquake that hit New Zealand's North Island yesterday afternoon.
C-Suite Asia: Asia-Pacific to grow solidly
An economist at Euler Hermes explains how the Asia-Pacific region should be the best global performer for insolvencies in 2014, but that rebalancing and lower growth in China are likely to bring possible risks to the economic outlook.