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Media releases

05 Nov 2020

Almost a year on and the cost of the Timaru hailstorm, that went through Timaru on 20 November 2019, has increased again, with insured losses now totalling $170 million. Tim Grafton, CE ICNZ, says the revised figure reflects the...

02 Nov 2020

The Earthquake Commission (EQC) and private insurers have today announced a new partnership that will provide an improved, more collaborative approach to supporting New Zealanders through natural disasters in the future. Under...

05 Oct 2020

The Insurance Council of New Zealand and its members have recently been made aware of a car part supplier allegedly misrepresenting car parts as genuine to New Zealand repairers. Tim Grafton, Chief Executive ICNZ, says; “We...

14 Sep 2020

Preliminary figures released today by the Insurance Council of New Zealand reaffirm the extent of damage the July Northland floods left behind, with $37m paid to date by insurers to support their customers' recovery. Tim...

26 Aug 2020

Preliminary figures for the tornado and storm that ripped through the upper North Island on 26-27 June have seen insured losses reach $10.8million. The fierce winds and tornado led to widespread damage throughout the greater...

12 Aug 2020

The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and the Insurance Council of New Zealand (ICNZ) are pleased to announce submissions are open for the 2020 ICNZ and ANZIIF Scholarship. The scholarship...

11 Aug 2020

Myth 1: Insurance companies always look for ways to decline a claim rather than pay a claim In fact, more than 90% of all claims are paid. The vast majority that are not, are claims that have been withdrawn because they’re...

11 Aug 2020

Over the next five days ICNZ is asking Kiwis what their top insurance questions are to help improve their understanding of insurance this Money Week, 10-14 August 2020. “We know that insurance can often be confusing and...

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