Tower shares up on dividend hike
Tower shares rose today to a month-high after the insurer hiked its interim dividend and confirmed an on-market share buyback.
Tower shares rose today to a month-high after the insurer hiked its interim dividend and confirmed an on-market share buyback.
David Chaplin on insurance company 'churn' or the shifting of clients to different providers for commission.
While the Government spent about $1.7 billion bailing out the majority of South Canterbury Finance investors, close to 4000 holders of preference shares were left out in the cold.
Insurance claims for flood damage caused by yesterday's deluge in Wellington are expected to rise after the next downpour, AA Insurance says.
Insurers may face higher costs over the Canterbury earthquake after several firms recently increased estimates for the final bill, according to the Reserve Bank.
The Fire Service has won its latest case in a string of legal battles against insurance brokers taking advantage of loopholes around fire levy policies.
An insurer has gone to the Supreme Court to argue against a decision which could mean higher payouts for Canterbury homeowners who are yet to settle quake claims.
A young Canadian couple have been left with $80,000 of damage after renting their home out on Airbnb.
Tower may record small net loss in first half on quake adjustment as underlying earnings grow.
Going away on holiday? Strategic thinking can go a long way to preventing long-haul discomfort.
Southern Cross Travel Insurance has axed its $100 claims excess calling it a trivial amount.
Tinted windows are becoming a fashion accessory for Kiwi motorists - but installing them can put owners at risk of a failed insurance claim.
New Zealand's second-largest health insurer, nib, might take over another insurance business to get a bigger share of the market here.
Hanover Group's lawsuit against its former insurance broker for failing to get it full cover hasn't settled and is now expected to be argued almost 1 1/2 years after it was due.
YOUI debited $592 from my Visa card even though I’d cancelled policy, writes Diana Clement.
The newly privatised Australian firm Medibank Private has started flexing its muscles, leaning on hospital providers to lower their charges in a tough market for insurers.
The four years since the Christchurch earthquake is more than enough time for a discussion about New Zealand's system of disaster insurance.
After the big shock, for many owners of homes and businesses, their insurance policies didn't cover them for what they thought.
New Zealand profit for the country's biggest general insurer, Insurance Australia Group, rose from A$92 million to A$193 million ($200.1 million).
New Zealand profit from the country's biggest general insurer, Insurance Australia Group, rose from $92 million to $193 million.
Day seven in the murder trial of Mark Lundy - the Palmerston North sink salesman accused of killing his wife and daughter in appalling circumstances with an axe or something similar
Global insurance giant Lloyd's has paid out $4.2 billion for the Canterbury earthquakes, expects to pay a further $1.6 billion and remains committed to New Zealand.
New Zealand's dual insurance system has been deemed inefficient by a leading insurance company, following the Canterbury earthquakes.
Four years on, private insurers say they have settled 57 per cent of residential insurance claims over the Earthquake Commission’s $100,000 “cap”.
Insurance would be the last thing many students are thinking about at this time of the year. Yet, it's precisely what they need, writes Diana Clement.