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Last Article Uploaded: Friday, January 18th, 7:03PM
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Industry ready for regulators' insurance report

A Financial Markets Authority and Reserve Bank report into life insurers’ conduct is due at the end of this month – and insurers are bracing for a tougher line than was taken with banks.

Thursday, January 17th, 12:02PM

Prompted by the Royal Commission of Inquiry in Australia, New Zealand’s regulators undertook a study last year, looking at banks and life insurers’ behaviour.

The bank report found issues to address but no systemic problems.

But Reserve Bank governor Adrian Orr has said that life insurers should expect a tougher verdict.

He said with the release of the bank’s...MORE»

Planning fallacies – the pushy little trend

Tuesday, January 15th, 12:18PM

Just because everyone else is doing it, doesn’t mean you have to.


Premium increases: An adviser would have helped

Wednesday, January 9th, 6:00AM

Southern Cross clients who complained to the media about premium increases could have found ways around it had they sought advice, one financial adviser says.



Previous News

2018, more time will tell

Tuesday, January 1st, 8:51AM

It’s been an interesting year and one that suggests there has been a level of change we’ve not seen in our industry for some time.


OnePath rating cut

Friday, December 21st, 3:05PM

OnePath has had its financial strength and issuer credit rating downgraded by S&P.


It's time to celebrate insurance and Christmas

Friday, December 21st, 7:54AM

Some people think life insurance is boring, but 2018 is testament that it's an exciting and changing industry. Here's our little wrap on the year, some thoughts for 2019.


Clients complain: Adviser should have told us to obtain notes

Thursday, December 20th, 3:00PM

A client's complaint that their insurance adviser or insurance company should have told them to request their medical notes when they took out a policy has been dismissed by the Insurance and Financial Services Ombudsman.


Not acceptable that ACC doesn't cover illness: OECD

Thursday, December 13th, 12:28PM

New Zealand's ACC scheme should be extended to cover illness, the OECD has said in a new report.



Insurance Briefs

AIA celebrates 100 years

Fidelity takes top award
Fidelity Life, New Zealand’s largest locally owned and operated life insurer, has been named 2018 Life Insurance Company of the Year for the second year running.

Southern Cross staff get wellness accreditation
Southern Cross Health Society says it has strengthened its workplace wellbeing expertise to help meet growing demand from Kiwi businesses for robust programmes to support the health of their people.

AIA trials mental wellbeing technology
AIA Australia and New Zealand is to trial a corporate health programme provided by mental health technology company Medibio, with its staff.

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