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Media releases

04 Dec 2019

The Insurance Council of New Zealand (ICNZ) welcomes moves announced today by Minister of Commerce and Consumer Affairs Kris Faafoi to reform insurance contract law. Tim Grafton, Chief Executive ICNZ, says the current...

25 Nov 2019

Tim Grafton, ICNZ Chief Executive, is urging those affected by the weather events in Christchurch and Timaru last week to contact their insurance company or authorised insurance broker directly as soon as they can. The warning...

09 Oct 2019

The Wellington Mayoral Taskforce was set up in response to anecdotal claims that insurance premiums, particularly for commercial property including apartment dwellers, were unaffordable. Insurance premiums have risen sharply over...

25 Sep 2019

ICNZ and its members are generally supportive of the proposed changes to legislation around financial institutions’ conduct, announced today by Minister Faafoi. The changes come at a time when it’s clear some parts of the...

03 Sep 2019

Today, the Insurance Council of NZ launched the Insurance Fraud Bureau (IFB), New Zealand’s first integrated initiative to target insurance fraud through detection and education. Until now, work to address general insurance...

15 Aug 2019

The Insurance Council of New Zealand is urging property buyers in Canterbury to do thorough due diligence before buying a property. It’s also urging current owners to put any payments received from the government towards properly...

14 Aug 2019

With the busy late-winter travel period getting underway, ICNZ is reminding all travellers that the best time to sort their travel insurance is when they book their tickets – and to make sure they know what they’re covered for...

03 Jul 2019

The decision of the Supreme Court in the IAG v Xu case, released today, has affirmed long-held legal principles regarding assignment law, ICNZ has said. The Supreme Court’s decision has provided definitive confirmation that an...

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