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Media releases

28 May 2020

The Insurance Council of New Zealand (ICNZ) has today issued updated figures for weather-related losses during 2019, with insurers paying $167.6 million to support their customers recover from severe weather events. The figures...

08 May 2020

By Tim Grafton, CE Insurance Council of New Zealand

06 May 2020

As New Zealand moved to Alert Level 3 last week (28 April) the ability to undertake non-essential repairs were able to get underway. To ensure these repairs comply with tighter health and safety requirements, a number of...

04 May 2020

Insurance customers received $19.7 million to meet losses from the February 2020 floods that lead to a state of emergency being declared in Southland, Fiordland and Clutha. The preliminary figures show the severity of the event...

23 Apr 2020

From 28 April New Zealand will move into Alert Level 3 as part of its response to COVID-19. So, what does this mean for insurers? As an essential service provider, insurers have been open and helping customers throughout the...

23 Apr 2020

Since early March, our members have worked proactively to support their customers facing the unique challenges New Zealand’s response to COVID-19 has presented. All have ensured they are fully open for business and have worked to...

22 Apr 2020

The Insurance Council of New Zealand (ICNZ) welcomes the announcement from Finity Consulting that savings on personal motor claims will amount to approximately $35 million during the four-week Level 4 period. Tim Grafton, CE...

17 Apr 2020

The Insurance Council of New Zealand says that contrary to some reports the insurance industry acted fast and early to actively support its customers facing increased financial hardship. “Since March, our members have ensured...

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