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Media releases

04 Apr 2017

With more heavy rain expected today and tomorrow as a result of the remnants of Cyclone Debbie, the Insurance Council of NZ is urging people in the North Island to be prepared for flooding. “We want to help communities to reduce...

30 Mar 2017

The Insurance Council of New Zealand welcomes the review of the legislation that regulates insurers that was announced today.  The Reserve Bank of New Zealand is the prudential supervisor of insurers in New Zealand and...

28 Mar 2017

Private insurers plan to have made the majority of cash settlement offers by the end of the year for all commercial and residential claims.   The 14 November earthquake was not only the most complex of its type, but...

10 Mar 2017

The Insurance Council of NZ advises people affected by flood damage with the weather related events in the Upper North Island to contact their insurer as soon as possible. “After keeping yourself safe, taking photographic...

24 Feb 2017

The Insurance Council of New Zealand is asking Internal Affairs Minister and United Future Leader to come clean about how he would fund a national emergency response service.  “Mr Dunne is currently proposing a 40% increase...

17 Feb 2017

The Insurance Council of New Zealand released today its first Fair Insurance Code annual report of the number of claims received, the number of complaints made to internal and external dispute resolution schemes, along with the...

07 Feb 2017

The Insurance Council of New Zealand announced today that private insurers have paid out nearly $2.7 billion in 2016 to settle commercial and residential claims resulting from the 2010 and 2011 Canterbury earthquakes.  ...

01 Feb 2017

The Insurance Council of New Zealand announced today that private insurers have received business claims valued at more than $900 million from the 14 November 2016 Kaikoura earthquake.  Insurance Council Chief Executive Tim...