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Viewing entries tagged with 'EQC'

Lloyd's of London urges NZ Government for certainty

9 November 2016

Lloyd's of London urges the Government to remove some uncertainties from the NZ insurance market by getting on with the EQC Act review and making data breach reporting mandatory. Interest.co.nz. More>

EQC Act review stalled by 'the complexity of the issues and ongoing engagement with insurance industry stakeholders'

28 October 2016

Six years on from the first Canterbury earthquake and the legislation outlining what both the Government and private insurers are responsible for in the event of another natural disaster is still up in the air. Interest.co.nz.  More>

Tower in dangerously hot water

9 September 2016

Tower braces for $16.2m drop in net profit as Deloitte tells it to hike its Canterbury quake provisions due to it spending more on litigation and over-cap EQC claims; Share price hits 12-year low. Interest.co.nz  More>