IAG New Zealand Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/iag-new-zealand/ Tue, 02 Apr 2024 17:10:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 IAG New Zealand confirms new chief risk officer following executive team rejig https://insuranceasianews.com/iag-new-zealand-confirms-new-chief-risk-officer-following-executive-team-rejig/ Tue, 02 Apr 2024 01:12:02 +0000 https://insuranceasianews.com/?p=150696 Rachel O’Brien will take over as CRO for the carrier, while former CRO Martin Hunter will take up a new role and Wayne Tippet will return as executive general manager for claims.

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IAG New Zealand has confirmed Rachael O’Brien as the carrier’s chief risk officer (CRO) in part of an executive team reset, according to an announcement by chief executive Amanda Whiting.
O’Brien has ...

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]]> IAG New Zealand CEO tells Kiwis to stop building homes in dumb places: report https://insuranceasianews.com/iag-new-zealand-ceo-tells-kiwis-to-stop-building-homes-in-dumb-places-report/ Tue, 20 Feb 2024 08:35:50 +0000 https://insuranceasianews.com/?p=146701 The country’s largest insurer said that properties built in high-risk areas may see higher-than-average premium increases.

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New Zealand home insurance rate hikes will slow down this year, after a 10-20% increase last year, but properties built in high-risk areas may see a higher-than-average premium increase, according to ...

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]]> IAG’s New Zealand flood and cyclone payouts top US$600m https://insuranceasianews.com/iags-new-zealand-flood-and-cyclone-payouts-cross-us600m/ Mon, 20 Nov 2023 20:18:15 +0000 https://insuranceasianews.com/?p=138703 The country's largest carrier has called on the government to prioritise flood resilience as the economic toll of summer of storms continues to mount.

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Insurer IAG has said its AMI, State and NZI operations have settled NZ$1 billion (US$600 million) in claims from the North Island floods and cyclone Gabrielle.
AMI, State and NZI have settled 51,000 ...

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