Media releases

Figures released by the Insurance Council this morning show the final cost to private insurers of the storm that hit in early-January was nearly $34.2 million. More than 4,200 claims were made for the event. “The storm of early...

The Insurance Council is advising people affected by the flooding across New Zealand this weekend to contact their insurance providers as soon as possible. “It’s important to contact your insurer as soon as you’re safe if there...

Insurers have provided more than $93 million in support and assistance to communities this year. Three major storms struck New Zealand in the first quarter of 2018: the January storms, Cyclone Fehi and ex-Tropical Cyclone Gita....

The Insurance Council this morning released provisional stats on Cyclone Fehi showing the storm had already cost insurers almost $38.5 million. Cyclone Fehi hit New Zealand on 1 February, causing widespread wind damage and...

The Insurance Council of New Zealand is welcoming the changes to the EQC Act announced this morning by the Government. “This morning’s announcement is the first step in improving the Earthquake Commission and its responsiveness...

The Insurance Council is pleased to report this morning that nearly all insurance claims have been partially or fully settled one year on from the Edgecumbe floods. The banks of the Rangitāiki River burst through a flood bank at...

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...

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...