Arthur J. Gallagher & Co. Acquires New Zealand-Based RMA General Ltd. March 4, 2025 Arthur J. Gallagher & Co. announced the acquisition of New Zealand-based RMA General Ltd. (RMA) and its associated insurance broking...
Flood-Prone New Zealand Says It Needs to Adapt to Climate Extremes January 30, 2025 By Tracy Withers New Zealand plans to introduce legislation before the end of the year that will create a framework to help communities...
RBNZ Says Insurance May Become Unaffordable for High-Risk Homes April 29, 2024 By Tracy Withers New Zealanders who own properties in areas prone to flooding or earthquakes may find they can’t afford insurance or may...
US Insurance Giant Marsh Set for $448 Million Honan Deal August 21, 2023 By Harry Brumpton, Manuel Baigorri and Nabila Ahmed Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to expand its...
New Zealand Offers to Buy Out Owners of Cyclone, Flood-Damaged Homes June 1, 2023 By Matthew Brockett New Zealand’s government will help to buy out the owners of cyclone and flood-damaged houses in areas deemed susceptible to...
New Zealand Pledges $720M for Cyclone and Flood Recovery May 16, 2023 The New Zealand government said on Sunday it was allocating NZ$1.1 billion ($720 million) to help communities recover from a...
Insured Losses for New Zealand North Island Floods Estimated at NZ$1.8B: PERILS May 8, 2023 Insured losses for New Zealand’s North Island floods of Jan. 27 to Feb. 2 are estimated at NZ$1.75 billion ($1.1...
New Zealand Needs to Rebuild With Resilience to Extreme Weather: PM February 24, 2023 After last week’s damaging cyclone, New Zealand needs to rebuild with more resilient infrastructure to cope with more frequent and...
Lockton Launches Affinity Biz in Australia, New Zealand and Pacific, Led by Dasgupta February 20, 2023 Lockton, the world’s largest privately owned insurance brokerage, announced the launch of an Affinity Schemes business in Australia, New Zealand...
Extreme Weather May Force New Zealand to Rethink Where It Builds: Finance Minister February 17, 2023 By Tracy Withers New Zealand faces big questions about where people should live and how to build infrastructure as the devastating aftermath of...