Latest News

Storm costs

July and August weather event claims estimated to be $68 million
See historical damage figures »»

Property Valuations and Demolition Costs

Property valuations and demolition costs: a caution for commercial property owners
more »»

New Fair Insurance code

The obligations for both you and your insurer.
more »»

Foreign Travel

Insurance tips from the Insurance Council.

more »»

Key objectives for 2008

The Insurance Council has identified key objectives for the insurance industry for the 2008 year. Most significantly:

Government Regulation of Insurance

Develop a set of regulatory standards that are acceptable to the industry, optimise compliance costs and protect the rights of policyholders.

Under Insurance

Encourage more sustainable communities by reducing under and non-insurance levels.

Climate Change

Work with local government, communities and central government to develop our ability to prepare for, cope with and recover from the impact of climate change.

Fire Service Levy

Remove levy from insurers and implement a property-based levy system for the Fire Service.

Law and Order

Reduce burglary and theft claims through the industry’s role in increasing debate on law and order.

Fraud

Develop and implement strategies to address insurance fraud and raise awareness of its dangers.

Image

Generate a greater understanding of the critical role played by the insurance industry in underpinning New Zealand’s society and economy.

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