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Name ICNZ
Company Insurance Council New Zealand
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Member Since 17/03/2014
Last Login 17/03/2014

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  Insurers settle $2.7 billion Canterbury claims in 2016

Insurers settle $2.7 billion Canterbury claims in 2016

Wednesday, 8 February 2017 3:14 p.m. by InsuranceCouncilNZ Featured Popular

Insurers settle $2.7 billion Canterbury claims in 2016

Availability of new insurance for house purchases post 14 November earthquake

Availability of new insurance for house purchases post 14 November earthquake

Wednesday, 16 November 2016 4:02 p.m. by InsuranceCouncilNZ Featured Popular

The Insurance Council of New Zealand advised today that insures are working hard to minimise any disruption to the availability of insurance for people putting offers in on houses.

Insurers settle $19 billion Canterbury claims

Insurers settle $19 billion Canterbury claims

Wednesday, 2 November 2016 3:50 p.m. by InsuranceCouncilNZ Featured Popular

The Insurance Council of New Zealand announced today that private insurers have paid out nearly $19 billion to settle commercial and residential claims since the Canterbury earthquakes in 2010 and 2011, of which nearly $9 billion was for domestic claims.

MEDIA STATEMENT: Substandard Steel Mesh - ICNZ reassures homeowners

MEDIA STATEMENT: Substandard Steel Mesh - ICNZ reassures homeowners

Thursday, 1 September 2016 6:20 p.m. by InsuranceCouncilNZ Featured Popular

The following can be attributed to Tim Grafton, Insurance Council Chief Executive:

Insurers settle $18 billion Canterbury claims

Insurers settle $18 billion Canterbury claims

Wednesday, 10 August 2016 1:13 p.m. by InsuranceCouncilNZ Popular

The Insurance Council of New Zealand announced today that private insurers have paid out over $18 billion to settle commercial and residential claims since the Canterbury earthquakes in 2010 and 2011, of which over $8.6 billion was for domestic claims.

Canterbury five year anniversary statement

Canterbury five year anniversary statement

Monday, 22 February 2016 11:24 a.m. by InsuranceCouncilNZ Popular

Canterbury five year anniversary statement

MEDIA STATEMENT: CAM PRESTONS RELEASE ON CANTERBURY PROGRESS

MEDIA STATEMENT: CAM PRESTON'S RELEASE ON CANTERBURY PROGRESS

Tuesday, 2 February 2016 11:58 a.m. by InsuranceCouncilNZ Popular

Chief Executive of the Insurance Council Tim Grafton says “Cameron Preston misrepresents the progress being made on the Canterbury residential rebuild.  Insurance Council members settled 5,392 major repairs and rebuilds in 2015 taking the total settled since the earthquakes to 18,958. 

Insurers settle 20% more claims in 2015

Insurers settle 20% more claims in 2015

Monday, 1 February 2016 12:19 p.m. by InsuranceCouncilNZ Popular

Private insurers are on track to settle the vast majority of Canterbury earthquake claims by the end of this year, the Insurance Council announced today.

Private insurers reassure Canterbury residents

Private insurers reassure Canterbury residents

Friday, 18 December 2015 6:16 p.m. by InsuranceCouncilNZ Popular

Private insurers today moved to reassure customers that they will not use Limitations Act defences for residential claims arising out of the Canterbury Earthquakes where proceedings are filed before 4 September 2017.

Insurance Council welcomes Commissioner’s report on sea level rise

Insurance Council welcomes Commissioner’s report on sea level rise

Thursday, 19 November 2015 1:03 p.m. by InsuranceCouncilNZ Popular

The Insurance Council of New Zealand welcomes the Commissioner for the Environment, Dr Jan Wright’s report on sea-level rise released today.

EQC Act Must be changed

EQC Act Must be changed

Thursday, 12 November 2015 12:47 p.m. by InsuranceCouncilNZ Recommended Popular

The Insurance Council of New Zealand (ICNZ) is calling for changes to the EQC Act to reduce delays and duplicated effort when another natural disaster strikes.

Insurers settle record Canterbury claims

Insurers settle record Canterbury claims

Monday, 10 August 2015 12:54 p.m. by InsuranceCouncilNZ Popular

The Insurance Council of New Zealand announced today that private insurers have settled a record number of residential claims in the last quarter since the Canterbury earthquakes in 2010 and 2011.  

Insurers Settle $15 billion Canterbury Claims

Insurers Settle $15 billion Canterbury Claims

Monday, 11 May 2015 12:45 p.m. by InsuranceCouncilNZ Popular

The Insurance Council of New Zealand announced today that private insurers have paid out almost $15 billion to settle commercial and residential claims since the Canterbury earthquakes in 2010 and 2011, of which over $6 billion was for domestic claims.

Insurance Council Signs UN Statement on Disaster Resilience

Insurance Council Signs UN Statement on Disaster Resilience

Monday, 16 March 2015 1:25 p.m. by InsuranceCouncilNZ Popular

The Insurance Council of New Zealand has signed the United Nations Statement in support of disaster risk reduction released at the 3rd UN World Conference on Disaster and Risk Reduction in Sendai, Japan.

Private Insurers Pay Out $14 Billion Settling Canterbury Earthquake Claims

Private Insurers Pay Out $14 Billion Settling Canterbury Earthquake Claims

Monday, 16 February 2015 12:01 p.m. by InsuranceCouncilNZ Popular

Private insurers have paid out almost $14 billion in settling Canterbury earthquake claims, with more than 80% of all Canterbury earthquake commercial and out of scope claims completely settled.

New Fair Insurance Code Sets High Benchmark For General Insurance Industry Self-Regulation

New Fair Insurance Code Sets High Benchmark For General Insurance Industry Self-Regulation

Thursday, 5 February 2015 9:45 a.m. by InsuranceCouncilNZ Popular

The general insurance industry is to impose higher standards on itself when servicing consumers and small to medium-sized enterprises, the Insurance Council of New Zealand announced today.

Action Required to Protect New Zealand from Natural Hazards Impact

Action Required to Protect New Zealand from Natural Hazards Impact

Wednesday, 5 November 2014 12:02 a.m. by InsuranceCouncilNZ Popular

The insurance industry has released a 15-point plan aimed at reducing the social and economic impact of natural hazards in New Zealand - heeding the call will help keep insurance available and affordable for all.

Settlement of Canterbury Earthquake Insurance Claims Continues Apace, Topping $13 Billion

Settlement of Canterbury Earthquake Insurance Claims Continues Apace, Topping $13 Billion

Friday, 31 October 2014 4:13 p.m. by InsuranceCouncilNZ Popular

The settling of Canterbury earthquake private insurance claims continues apace as pay outs hit the $13 billion mark, advancing at $10 million a day in 2014.

Insurer-Managed Canterbury EQ Residential Rebuild & Repair Programme Gathers Pace

Insurer-Managed Canterbury EQ Residential Rebuild & Repair Programme Gathers Pace

Wednesday, 10 September 2014 2:59 p.m. by InsuranceCouncilNZ Popular

Insurance payouts for Canterbury earthquake claims has topped $12 billion and the insurer-managed residential rebuild and repair programme is gathering pace.

Canterbury Earthquake Insurance Settlements Top $12 Billion

Canterbury Earthquake Insurance Settlements Top $12 Billion

Wednesday, 6 August 2014 10:27 a.m. by InsuranceCouncilNZ Popular

Insurance payouts for Canterbury earthquake claims has topped $12 billion, according to the Insurance Council of New Zealand.

Labour Party Insurance Policy A Mixed Bag - ICNZ

Labour Party Insurance Policy A Mixed Bag - ICNZ

Wednesday, 9 July 2014 4:28 p.m. by InsuranceCouncilNZ Popular

The Insurance Council of New Zealand (ICNZ) would welcome any review of insurers’ response to the Canterbury earthquakes, rejects the Labour Party’s proposal for another regulator of the industry and supports its policy of transferring levies from insurance premiums.

Insurance Council Urges Undecided Canterbury Earthquake Customers To Seek Free Advice

Insurance Council Urges Undecided Canterbury Earthquake Customers To Seek Free Advice

Thursday, 26 June 2014 8:48 a.m. by InsuranceCouncilNZ Popular

The Insurance Council of New Zealand is urging 1,500 over cap Canterbury earthquake claimants who have still not made decisions on insurance settlement offers to seek free, impartial advice.

Earthquake Court Approach Misguided

Earthquake Court Approach Misguided

Monday, 9 June 2014 5:46 p.m. by InsuranceCouncilNZ Popular

9 June 2014

ICNZ TO PARTICIPATE IN DECLARATORY JUDGMENT

ICNZ TO PARTICIPATE IN DECLARATORY JUDGMENT

Tuesday, 13 May 2014 10:58 a.m. by InsuranceCouncilNZ Popular

Insured Losses of February And March Storms $25 Million

Insured Losses of February And March Storms $25 Million

Wednesday, 30 April 2014 4:22 p.m. by InsuranceCouncilNZ Popular

Storms and flooding that mainly hit Canterbury in February and March have led to insured losses of about $25 million, the Insurance Council of New Zealand reported today.

Canterbury Earthquake Insurance Pay Outs Crosses $11 Billion Mark

Canterbury Earthquake Insurance Pay Outs Crosses $11 Billion Mark

Wednesday, 2 April 2014 11:29 a.m. by InsuranceCouncilNZ Popular

Canterbury Earthquake Insurance Pay Outs Crosses $11 Billion Mark

Canterbury Earthquake Insurance Rebuild Programme Presentation

Canterbury Earthquake Insurance Rebuild Programme Presentation

Monday, 17 March 2014 2:45 p.m. by InsuranceCouncilNZ Popular

Canterbury Earthquake Insurance Rebuild Programme. Presented by Samson Samasoni, ICNZ Communications Manager

Insurance Advisory for Flooding

Insurance Advisory for Flooding

Thursday, 6 March 2014 10:16 a.m. by InsuranceCouncilNZ Featured Popular

Below are a couple of releases regarding insurance and the floods. 

Thousands of insurer-managed Canterbury rebuilds underway

Thousands of insurer-managed Canterbury rebuilds underway

Wednesday, 26 February 2014 11:17 a.m. by InsuranceCouncilNZ Popular

Release: Insurance Council of New Zealand.

Over $10 Billion Paid By Insurers for Canterbury Earthquake

Over $10 Billion Paid By Insurers for Canterbury Earthquake

Wednesday, 12 February 2014 6:36 p.m. by InsuranceCouncilNZ Popular

Press Release: Insurance Council of New Zealand