Cost of Insurance

<div style="margin-left: 8px; margin-right: 8px;margin-top: 8px; padding-top: 5px; padding-left: 5px; padding-right: 5px;padding-bottom: 5px; background-color: #797979; text-align:right;"> <p style="margin: 0px; color: white; font-weight: bold; text-align: center;color:white;">Insurance payouts for the cost of crime</p> <div style="border: 1px solid #cccccc; background-color: #f1f1f1; padding: 8px;font-size: .70em; font-family: verdana; line-height: 140%;"> Cost of Insurance Claims:<br /> <div align="center" id="cost">$90,571,027.40</div> </div> <span style="font-size: .6em; color:white;"><a href="/news/cost-of-crime.php" title="Learn more about the Insurance payouts for the cost of crime. " class="yellow">The cost of crime...</a></span></div>

Latest News

News release: Insurers welcome establishment of Christchurch Central Development Unit

The Insurance Council says it welcomes today’s announcement by the Earthquake Minister, Hon Gerry Brownlee, that a Christchurch Central Development Unit focussing on the rebuilding of the Christchurch Central Business District (CBD) is to be established.
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Publication: ICNZ Annual Review 2011-2012

TThe past 18 months have been the most challenging period in the history of the NZ insurance industry...
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News release: Christchurch insurance rebuilds $NZ10 billion and rising

The Insurance Council is warning that the continued aftershocks in Christchurch could have long term effects on the insurability of New Zealand.
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News release: EQC and insurers seeking clarity on insurance payments

The Earthquake Commission (EQC) and the Insurance Council have agreed to ask the High Court to make a ruling on complex questions of coverage arising from the two major Canterbury earthquakes and their aftershocks
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Canterbury earthquake

The largest single insurance event in the history of New Zealand
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New Fair Insurance code

The obligations for both you and your insurer.
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ICNZ 2011 Seminar

The Council's 2011 insurance management seminar: The Changing Landscape, was a big success. For those who missed it, here are the highlights
read them here

Natural disasters

Natural disasters in New Zealand cost the insurance industry millions of dollars in claims.

But those who have insured against loss receive help to recover after a disaster.
See a table of natural disasters that have occurred in New Zealand since 1968

Insurance Council of New Zealand

Canterbury earthquake recovery - where to start

Act safely to prevent any more damage to your building.
Try to make the buildings safe and weatherproof.
Take pictures of the damage (building and contents) for insurance claims.
Keep all damaged items for inspection.
Get essential services repaired e.g. water, electricity, gas, sewerage - keep copies of your bills.
Make a list of any perishables you have to dispose of.
Don't start non-essential repairs without the insurance company's approval.

SAVE THE DATE - 15 NOVEMBER 2011 for the hottest Insurance seminar of the year.

ICNZ Seminar
THE SHIFTING LANDSCAPE

The Council's 2011 insurance management seminar: The Changing Landscape, was a big success. For those who missed it, here are the highlights

see report here

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