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Initio’s technology platform underpins its disruptive approach to the New Zealand insurance market. The unique combination of data inputs, painstakingly gathered over time, permits fast and easy ...
For example, imagine a home insurance policy that covers any earthquake having its epicentre within 500 kilometres of your home, and measuring magnitude six or higher.
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NZ consumers powerless on insurance premium hikes - advocate - MSNData earlier this year showed New Zealand home insurance premiums were up more than 20 percent on average in a year, although premium increases were understood to have stabilised since then.
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As insurance gets harder to buy, NZ has 3 choices for disaster recovery – and we keep choosing the worst one - MSNThe number of climate change-related extreme weather events is on the rise, making it harder for many people to buy affordable home insurance. The industry has already signalled it is pulling out ...
The average home insurance rate climbed 8.8% in the first eight months of 2023, S&P study finds.
New Zealand’s best insurers have been recognised in Canstar’s 2025 Home and Contents Awards, and for the second year in a row Tower is the winner of Canstar’s prestigious Insurer of the Year ...
Reinsurers are reassessing New Zealand's risk profile following Cyclone Gabrielle. Photo / NZME. The chief executive of one of the country’s largest insurers says home insurance policyholders ...
The insurance industry is reacting to natural disasters by raising rates, reducing coverage and exiting some markets entirely. By Ronda Kaysen In 2016, when Shawn Loht bought his house near New ...
Latest figures from Stats NZ show home insurance premiums have increased 24.6 per cent in the year to March, the highest increase since the Canterbury quakes and the 1980s.
By comparison, Weiss noted, home insurers across the U.S. in 2023 denied 37% of claims, up from 25% two decades ago, according to data from the National Assn. of Insurance Commissioners. “It’s ...
As insurance gets harder to buy, NZ has 3 choices for disaster recovery – and we keep choosing the worst one Published: May 12, 2025 7:56pm EDT Ilan Noy , Belinda Storey , Te Herenga Waka ...
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