New Zealand Archives - InsuranceAsia News https://insuranceasianews.com/country/new-zealand/ Tue, 06 Jan 2026 02:23:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Tesh Patel joins Canopius to lead ANZ distribution https://insuranceasianews.com/canopius-patel/ Mon, 05 Jan 2026 23:46:12 +0000 https://insuranceasianews.com/?p=208055 Sydney-based Patel was most recently managing director of Delta Insurance Australia.

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Canopius has tapped Tesh Patel as its new head of distribution for Australia and New Zealand, according to a statement on Tuesday.
Canopius said that Patel (pictured) would lead the UK specialty (re)i...

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]]> Kiwi broker Donaldson Brown elevates Racheal Greer to GM for fire and general https://insuranceasianews.com/kiwi-broker-donaldson-brown-elevates-racheal-greer-to-gm-for-fire-and-general/ Mon, 22 Dec 2025 03:52:59 +0000 https://insuranceasianews.com/?p=207513 Auckland-based Greer assumes day-to-day leadership of the division, with founders Alex Brown and Dan Donaldson continuing to focus on the broader strategic direction of the group.

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Kiwi insurance broker Donaldson Brown has appointed Racheal Greer as its general manager for fire and general division, according to an announcement on LinkedIn.
Auckland-based Greer (pictured) has wo...

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]]> Andy Gunawan joins Dual New Zealand as commerial underwriter https://insuranceasianews.com/andy-gunawan-joins-dual-new-zealand-as-commerial-underwriter/ Tue, 16 Dec 2025 05:48:23 +0000 https://insuranceasianews.com/?p=207037 Auckland-based Gunawan previoulsy spent over six and a half years with IAG.

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Andy Gunawan has joined Dual New Zealand as a commercial underwriter, he confirmed via a LinkedIn update.
Auckland-based Gunawan (pictured) joins Dual after over six and a half years with IAG, most re...

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]]> Kiwi insurer Tower fined US$4m for misleading 61,000 customers https://insuranceasianews.com/kiwi-insurer-tower-fined-us4m-for-misleading-61000-customers/ Tue, 09 Dec 2025 03:48:10 +0000 https://insuranceasianews.com/?p=206409 Tower had self-reported the issue in 2021, admitting that it had contravened the Financial Markets Conduct Act by making false or misleading claims about its multi-policy discount offer since September 2016.

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Tower has been fined NZ$7 million (US$4 million) by the High Court in Auckland, having admitted to misleading around 61,000 customers, which had resulted in overcharges exceeding NZ$11 million, the Ki...

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]]> IAG hires Phillip Gibson as CEO of New Zealand https://insuranceasianews.com/iag-hires-phillip-gibson-as-ceo-of-new-zealand/ Thu, 04 Dec 2025 23:42:13 +0000 https://insuranceasianews.com/?p=206131 Former Aviva Canada executive will join IAG New Zealand in March, replacing Amanda Whiting.

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Australian insurer IAG has chosen Phillip Gibson as its CEO of New Zealand, according to a statement on Friday.
IAG said that Gibson’s (pictured) appointment as CEO of IAG New Zealand would be effecti...

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]]> Kiwi insurer Tower posts ‘exceptional’ FY25 results https://insuranceasianews.com/kiwi-insurer-tower-posts-exceptional-fy25-results/ Thu, 27 Nov 2025 04:54:25 +0000 https://insuranceasianews.com/?p=205506 Tower benefits from low natural catastrophe losses to post a record underlying net profit after tax (NPAT) of NZ$107.2 million (US$61.35 million).

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Kiwi insurer Tower said that it made a record underlying net profit after tax (NPAT) of NZ$107.2 million (US$61.35 million) in FY25, which finished at the end of September, and a reported profit of NZ...

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]]> ICNZ welcomes move to leave natural hazards levy unchanged https://insuranceasianews.com/icnz-welcomes-move-to-leave-natural-hazards-levy-unchanged/ Thu, 20 Nov 2025 05:45:34 +0000 https://insuranceasianews.com/?p=205052 The levy, collected by insurers on behalf of the government, helps ensure the Natural Hazards Commission (NHC) is funded to provide basic cover for natural disasters such as earthquakes, landslides and flooding.

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The Insurance Council of New Zealand (ICNZ) has welcomed the government’s decision to leave the Natural Hazards Commission (NHC) levy unchanged, amid ongoing concerns around the cost-of-living.
The le...

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]]> Sedgwick confirms new Australia leadership https://insuranceasianews.com/sedgwick-confirms-new-australia-leadership/ Mon, 17 Nov 2025 10:03:47 +0000 https://insuranceasianews.com/?p=204716 Phil van Zyl has been appointed interim CEO, replacing Diego Ascani, with Simon Kay appointed chief operating officer.

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Leading risk and claims administration partner Sedgwick has announced new leadership in Australia as the company continues to expand its presence in the market and accelerates sustainable long-term gr...

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]]> New Zealand’s non-life insurance sector set for resilient growth: AM Best https://insuranceasianews.com/new-zealands-non-life-insurance-sector-set-for-resilient-growth-am-best/ Wed, 12 Nov 2025 06:57:03 +0000 https://insuranceasianews.com/?p=204406 Global agency says premium growth is expected to rise despite climate volatility and regulatory cost pressures.

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New Zealand’s non-life insurance sector is expected to maintain resilient growth, supported by improving economic conditions and rising demand for insurance protection, according to an AM Best report,...

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]]> IAG New Zealand CEO Amanda Whiting to step down https://insuranceasianews.com/iag-new-zealand-ceo-amanda-whiting-to-step-down/ Tue, 04 Nov 2025 05:55:41 +0000 https://insuranceasianews.com/?p=203665 Whiting will continue to lead the New Zealand business until a successor is found.

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IAG has announced that its New Zealand chief executive officer, Amanda Whiting, will step down from her role and return to Australia.
Whiting (pictured) will continue to lead the New Zealand business ...

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