Business Premium Wellington mayor calls for forum as insurer raises capital premiums UPDATED: Residential property owners in weather and natural disaster-prone areas bear the brunt as insurers grow more risk-averse. Gill South Tue, 30 Apr 2019 InsuranceIAGEQCMinister Megan Woods
Business Premium Markets with one dominant insurer risky scenario – so spread the risk, Woods says Plus: Wellington property investors have mixed reaction to IAG's reviewed policy on who it will insure. Gill South Thu, 14 Mar 2019 IAGInsuranceEQCnatural disasterproperty investment
Business Premium IAG ‘clarifies’ limitations on insuring Wellington market IAG holds press conference to explain after criticism of its risk-related approach. Gill South Wed, 13 Mar 2019 IAGinsurersWellington
Business Premium Urgent call to action for business on rising sea levels Insurers, investors, scientists, councils and businesses have their say on the issue. Gill South Fri, 01 Mar 2019 climate changesea level riseLGNZIAG
Premium SUBSCRIBER-ONLY POLL RESULT: Should the Commerce Commission approve an IAG-Lumley merger? A majority of NBR ONLINE subscribers polled say the competition watchdog should not approve a merger. Wed, 11 Jul 2018 lumleysubscriber-only poll resultCraig DowlingIAG
IAG to pay up to $3.5m after policy miscalculation The Sydney-based insurer told the Commerce Commission last year about the mistake, which meant it breached the Fair Trading Act. Wed, 11 Jul 2018 AMI InsuranceChristchurchIAG
IAG's Lumley takeover gets final regulatory approval Insurance Australia Group has been given the final regulator's tick to buy Wesfarmers' Lumley general insurance unit, adding to the dominance of New Zealand's biggest general insurer. Wed, 11 Jul 2018 wesfarmersIAGlumleyInsurance Australia GroupJacki Johnson
Christchurch property investor Ridgecrest wins IAG policy appeal in Supreme Court Ridgecrest NZ, a property investor, has won an appeal in the Supreme Court over insurance cover provided by IAG New Zealand for a Christchurch building damaged in four successive earthquakes. Wed, 11 Jul 2018 ChristchurchIAGBusinessDeskRidgecrest
IAG's New Zealand unit boosts annual profit 56% Insurance Australia Group's New Zealand unit, the nation's largest general insurer, boosted annual profit 56 percent after hiking household premiums, increasing customer sales through the interne Wed, 11 Jul 2018 InsuranceNZIIAGamistateInsurance Australia GroupBusinessDeskJacki Johnson
Reserve Bank clears IAG Lumley takeover The Reserve Bank has approved Insurance Australia Group to buy Wesfarmer’s Lumley General Insurance unit, which would give New Zealand’s biggest general insurer a boost to market share. Wed, 11 Jul 2018 Commerce CommissionInsurancemergerMark BerryIAGlumleyBusinessDeskLumley GeneralWesfarmer
