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Media releases

08 Mar 2018

The Insurance Council welcomed the release of the terms of reference for the Insurance Contracts Law Review on Tuesday. “We welcome the review and look forward to contributing to it,” said Insurance Council Chief Executive, Tim...

07 Mar 2018

Climate change adaptation has once again taken a back to seat to carbon budgets in the latest report by the Parliamentary Commissioner for the Environment (PCE), says the Insurance Council of NZ. ICNZ’s comments follow the...

22 Feb 2018

Figures released by the Insurance Council this morning show the provisional cost to insurers of the first storm of 2018 is likely to exceed $27 million. The total provisional cost, which encompasses claims made to private...

21 Feb 2018

The Insurance Council is advising people affected by Cyclone Gita to contact their insurers directly.  “It’s important to remember to contact your insurer as soon as possible if there is any damage to your property,...

19 Feb 2018

The Insurance Council is advising people to take the time today to prepare their properties for Cyclone Gita. Gita is due to make landfall at Wellington and on the West Coast around 10 o’clock tonight. With it, it’s forecast to...

14 Feb 2018

Insurers settled 70,000 claims arising from extreme events in 2017. These included claims arising from the Kaikōura earthquake, extreme weather events and residual Canterbury claims. “2017 was a year that tested the insurance...

02 Feb 2018

The Insurance Council is advising people affected by recent heavy rain and flooding to be cautious with their own safety and to contact their insurer as soon as they’re able. “When it’s safe to do so, take pictures of any...

25 Jan 2018

The Kaikōura earthquake recovery is progressing well, according to new data out today from the Insurance Council of NZ. Figures released this morning show that the insurance sector has exceeded its goal of having a majority of...

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