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Last Article Uploaded: Tuesday, July 7th, 7:04PM

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Latest Headlines

Greens want ACC extended to cover sickness

A Green Party policy could mean less demand for income protection insurance from insurers.

Tuesday, July 7th, 6:00AM

As part of the announcement of its tax policy, the party said it would extend the ACC scheme to cover lost earnings from illness – not just accidents, as is currently the case.

Payments would be made at up to 80% of a worker’s salary or 80% of the full-time minimum wage, whichever was higher.

People are more likely to be off work for an extended period through illness...MORE»

Replacement case puts spotlight on 'churn'

Monday, July 6th, 5:56AM

New regulations coming into force in the insurance industry and financial advice sector may help avoid situations where people are left exposed by insurance replacement.

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Insurance company loses CEO

Friday, July 3rd, 1:34PM

Suncorp New Zealand's chief executive, who also runs Asteron Life, is leaving the business to return to Australia.

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Sale of AMP Life an absolute travesty

Friday, July 3rd, 12:00PM

Parliament’s Finance and Expenditure Committee has been told that the way the sale of AMP Life has been handled is an “absolute travesty”.

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Cigna tweaks non-medical limits

Thursday, July 2nd, 11:04PM

Cigna New Zealand (Cigna) has announced the release of new non-medical limits for its Assurance Extra and Business Assurance product suites.

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AIA launches community grants programme

Thursday, July 2nd, 10:16AM

AIA says it will invest $500,000 into New Zealand communities as part of the AIA Vitality Business and Community Grant Programme which launches on Thursday.

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AMP Life deal is done

Wednesday, July 1st, 10:03AM

AMP Limited says it has completed the sale of its life insurance business, AMP Life, to Resolution Life for A$3 billion (NZ$3.19 billion).

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AMP Life rating affirmed after sale

Tuesday, June 30th, 8:47PM

S&P Global Ratings has affirmed its A- rating on AMP Life after completion of its sale to Resolution Life Group Holdings Ltd.

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Insurance Briefs

Less stressed during lockdown
New Zealander’s health and wellbeing had surprising benefits from the Covid-19 lockdown.

Southern Cross supports new safe haven for at-risk pets
Southern Cross Pet Insurance has teamed up with Pet Refuge to provide temporary shelter for animals affected by family violence.

nib Foundation supports Lifeline to the tune of $150,000
To support the growing mental health needs of Kiwis emerging from the Covid-19 pandemic, Lifeline Aotearoa has increased its service capacity thanks to a $150,000 grant from nib foundation, the charitable arm of nib New Zealand (nib).

Southern Cross halves staff numbers
Southern Cross Travel Insurance is slashing its staff numbers from 90 to 45 people.

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