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Last Article Uploaded: Thursday, August 11th, 10:41AM


Latest Headlines

Cigna admits making error

An error discovered by Cigna has seen it pinged by the regulator who says this is a case about treating customers fairly. 

Wednesday, August 10th, 12:02PM

Cigna Life has admitted to making false and/or misleading representations to customers in proceedings brought by the Financial Markets Authority.

The case centres on how it communicated and charged customers for inflation increases to premiums and cover relating to 52,363 policies.

Cigna chief executive Gail Costa says this issue impacts some Cigna policies that were in-force before...MORE»

Tough year but Asteron happy with its results

Tuesday, August 9th, 12:09PM

Asteron Life continues to deliver solid underlying profit and growth despite economic headwinds.


Covid predictions – how did we do?

Monday, August 1st, 3:11PM

Russell Hutchinson reviews his Covid-19 predictions to see how accurate there were.



Previous News

Vocational retraining - the improvements

Thursday, July 21st, 4:11PM

I talked about the situation of vocational retraining in my previous article. It appears to be broken. How do we fix it?


How Tower is growing its adviser and referrals network

Wednesday, July 20th, 8:33AM

Tower Insurance has built up its independent adviser network to 2500, with numbers increasing by 21% in the past six months.


Partners Life tells advisers more about the ‘claims squeeze’

Monday, July 18th, 5:45PM

Six months after telling the market it was raising premiums by 6%-7% because it had paid out “materially more” than expected in claims, Partners Life had shed more light on why and how this was done.


Wellbeing programmes aren’t just good for your health

Monday, July 18th, 2:58PM

Recent happiness research has found that some of the most common activities promoted by wellbeing programmes (such as those run by wearable health-tech companies and insurers alike) are beneficial to happiness.


AIA teams up with online platform

Tuesday, July 12th, 5:10PM

AIA New Zealand partners with fledgling online platform to offer its Starter plans.



Insurance Briefs

Fidelity backs two non-profits

Auckland-based InsurTech firm aims for ASX listing
New Zealand-based InsurTech firm raises $7.4 million to fund expansion.

UniMed picks up book of business
After 40 years a friendly society has decided to exit the health insurance sector.

OnePath and Cigna pinged by FMA
OnePath Life (NZ) and Cigna Life Insurance have agreed to pay the Financial Markets Authority $180,000 after admitting breaches of the fair dealing provisions of the Financial Markets Conduct Act 2013 (FMCA).

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