Income Insurance NZ :: News

Income Insurance NZ News

Income Insurance NZ is pleased to present the latest financial news headlines.

To read an entire news item, simply click on the headline.

Insurance News

If insurance was free, would there still be an underinsurance problem?
Nov 20 :: Even if price wasnít a factor, AMPís Chris Kirby argues that Australia would still have an under-insurance problem. This is why it is the industryís job to kill preconceptions and engage clients.... read more

Regulatory compulsion propels commercial insurance
Oct 26 :: Australia is the second largest advanced market in Asia for commercial insurance, not least because of regulatory requirements around issues of professional indemnity, according to new research... read more

Premium rates for life cover sold by advisers in decline
Oct 26 :: Premium rates for life cover products sold by financial advisers fell by an average of 10 per cent across 11 leading insurance providers between December 2004 and June 2012, according to a... read more

Life insurers pay out $4 billion in 2011
Jul 01 :: The 10 biggest life insurers paid out just under $4 billion in claims in 2011 - up 11.4 per cent from 2010, according to research conducted by The Risk Store. The amount of... read more

Direct life insurance up but credit insurance flat
Jun 01 :: Overall direct life insurance sales have grown 11.3 per cent in 2011 and in-force annual premiums are up 10.9 per cent despite flat growth in credit-related insurance sales, according to Rice... read more


Insurance Articles

Insurance Policies a Startup Company Should Consider
Insurance is essential for a startup company irrespective of the amount of capital invested. This ensures security and the ability to overcome any kind of hurdle that might hinder the functioning... read more

Understanding the Need for Public Liability Insurance for Businesses
Public liability insurance covers the claims made against the business by the public or any third party, who suffers a loss or injury at the business premises due to the business owner's negligence.... read more

Difference Between Public Liability, Product Liability and Professional Indemnity Insurance
Business liability insurance is tailored to protect your business against the cost of litigation and claims resulted from third party damages or bodily injuries caused due to negligence... read more

Car Insurance - Why Is Young Driver Car Insurance So Expensive?
The cost of insurance for young drivers is often prohibitive. 17 year old drivers will pay the highest premiums... WHY? read more

Benefits of Buying Insurance Through a Reputed Brokerage Firm
From carpet to car, man to machine everything needs insurance in today's litigious and uncertain world. And when it comes to buying a policy, consumers are often confused as where to start... read more


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Knowledgebase

Subrogation: An insurance carrier may reserve the "right of subrogation" in the event of a loss. This means that the company may choose to take action to recover the amount of a claim paid to a covered insured if the loss was caused by a third party.