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Solid result from AMP

Blair Vernon describes his first results as general manager of AMP New Zealand as “solid” and carrying on the work done by his predecessor, Jack Regan.

Friday, August 18th, 10:56AM

Vernon took over the helm of AMP in December. In the six months to June 30 the company reported operating earnings of $69.1 million, up 4.1% on the corresponding period last year.

“I’d describe the result as very, very solid. It builds momentum. Jack’s legacy in this business has been a real focus on our consistent momentum. What I’ve sought to do is make sure that we continue that...MORE»

Health insurance claims double in a decade

Wednesday, August 16th, 9:33PM

New Zealand’s health insurance industry grew at the fastest rate since 2001 over the past year, the Health Funds Association (HFANZ) says.

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Sovereign for sale but who will buy?

Thursday, August 10th, 12:00PM

A sale of Sovereign could be good news for customers and advisers, one industry commentator says.

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CBA eyes Sovereign, CommInsure divestment

Wednesday, August 9th, 12:18PM

Commonwealth Bank of Australia has signaled the possible divestment of its life insurance businesses in New Zealand and Australia, but Sovereign CEO, Nick Stanhope says it's "business as usual".

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Goal-based insurance planning

Wednesday, August 9th, 9:52AM

It still strikes me as amazing that lots and lots of home loan insurance is sold and not very much “you get to keep your home” insurance is sold.

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Insurers worry about change: Report

Friday, August 4th, 6:00AM

New Zealand insurers rank around the bottom quartile of the world when it comes to preparedness for the changes transforming the industry, PwC’s latest report shows.

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Partners Life profit flat on back of continued growth

Tuesday, August 1st, 2:19PM

Partners Life has reported a flat profit for the year to March 31, even though premium revenue has continued to grow.

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EDRs: Here's how to protect yourself from churn claims

Thursday, July 27th, 8:56PM

Advisers must keep good records of their interactions with clients to protect themselves against allegations of churning business, dispute resolution services say.

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