S&P maintains EQC rating- says govt help needed
Standard & Poor's Rating Services says the government is likely to be called on to fund claims from the Christchurch earthquake.
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Christchurch earthquake: PM says EQC levy hike may be needed
If increased levies are needed to replenish Earthquake Commission funds then the Government would consider it, Prime Minister John Key says.
Christchurch quake: Homeowner resigned to devastation
Smashing his way into his devastated home today, Christchurch man Ed Langston appeared somewhat resigned to having lost his house and business in Tuesday's deadly earthquake.
Christchurch earthquake: S&P continues to calculate insurance losses
Credit rating companies say there is no immediate need to change the credit ratings of insurers because of the Christchurch earthquake but Moody's Investors Service said ratings pressure may develop over time on the banking sector.
ChCh AMI branches down, but service operational
All Christchurch AMI Insurance branches have been forced to close due to quake damage.
IAG faces $53.5m bill on Christchurch earthquake
IAG, the ASX-listed insurer that owns State Insurance and NZI, says the latest earthquake will cost it up to A$40 million.
Reinsurance rates to rise as earthquake bill soars
New Zealand insurers face rate increases of more than 10 per cent for the renewal of their insurance this year, as Canterbury earthquake bill continues to mount.
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Axa boosts earnings on KiwiSaver uptake
Axa New Zealand boosted its earnings 24 per cent in the year to December 31.
No review of ACC rejections - Smith
Nick Smith has ruled out holding an independent review of ACC's procedures around elective surgery claims unless the corporation begins to lose large numbers of appeals against its decisions.
ACC accuses surgeons of putting through unsound claims
Some surgeons are putting through claims they know won't be approved by ACC, its board chairman John Judge says.
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What happens to New Zealander when AMP buys up the local assets of AXA?