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AMI Insurance
AMI Insurance began in Christchurch, New Zealand, in 1926 as the South Island Motor Union (SIMU), and grew to be the second biggest residential insurer in New Zealand. It was a mutual insurance company, meaning it was owned by its policy holders, until it was bought out by IAG New Zealand in 2011, following the 2011 Christchurch earthquake. History Effect of Canterbury earthquakes After the Christchurch earthquakes of 2010 and 2011, there was uncertainty about AMI's financial state, due to doubt over obtaining sufficient reinsurance cover for further earthquakes, plus lack of exact figures from the government's EQC to indicate how much of the earthquakes' insurance costs would have to come from Allied Mutual Insurance (AMI). The New Zealand government talked of bailing out the company up to $1,000 million because of the chaos that would ensue if it collapsed. The government eventually agreed to a NZ$500 million support deed. However, large losses led to a $76 million shortfall ...
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IAG New Zealand
IAG New Zealand (IAG NZ) is the New Zealand subsidiary of Insurance Australia Group. It is the largest general insurance company in New Zealand, just as its parent is the largest in Australia. It has a number of insurance brands it has acquired, including AMI Insurance, NZI and State Insurance. Its head office is in Auckland, New Zealand, and it has several offices throughout the country. __TOC__ Brands In New Zealand, IAG NZ offers products under the following brands: * AMI Insurance AMI Insurance began in Christchurch, New Zealand, in 1926 as the South Island Motor Union (SIMU), and grew to be the second biggest residential insurer in New Zealand. It was a mutual insurance company, meaning it was owned by its policy holders, ... (formerly SIMU Insurance) - personal, business, farm and marine insurance * DriveRight - provides breakdown insurance and extended vehicle warranties to motor dealers * Mike Henry Travel Insurance - domestic and international travel insurance * ...
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Thompson And Clark
Thompson & Clark Investigations Ltd, known as Thompson and Clark or TCIL is a New Zealand private investigation agency founded in 2003 by principals Nicolas Guy 'Nick' Thompson and Gavin Shane Clark. The company has been involved in repeated scandals over spying on environmentalist and activist groups, often on behalf of government agencies and state-owned enterprises. In December 2018 after a scandal involving spying for government agencies the company was removed as a preferred supplier by the New Zealand Government. Company services Thompson and Clark are former police officers and currently licensed private investigators and the company positions itself as being expert in ‘issue motivated groups’, a label it has applied to various environmental, animal rights, peace and other ‘activist’ groups.'' Thompson and Clark have a related business Risk Management Services which employs at least one former New Zealand Security Intelligence Service agent 'overseeing "covert surv ...
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Financial Services Companies Established In 1926
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability ass ...
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New Zealand Herald
''The New Zealand Herald'' is a daily newspaper published in Auckland, New Zealand, owned by New Zealand Media and Entertainment, and considered a newspaper of record for New Zealand. It has the largest newspaper circulation of all newspapers in New Zealand, peaking at over 200,000 copies in 2006, although circulation of the daily ''Herald'' had declined to 100,073 copies on average by September 2019. Its main circulation area is the Auckland region. It is also delivered to much of the upper North Island including Northland, Waikato and King Country. History ''The New Zealand Herald'' was founded by William Chisholm Wilson, and first published on 13 November 1863. Wilson had been a partner with John Williamson in the ''New Zealander'', but left to start a rival daily newspaper as he saw a business opportunity with Auckland's rapidly growing population. He had also split with Williamson because Wilson supported the war against the Māori (which the ''Herald'' termed "the ...
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Timaru
Timaru (; mi, Te Tihi-o-Maru) is a port city in the southern Canterbury Region of New Zealand, located southwest of Christchurch and about northeast of Dunedin on the eastern Pacific coast of the South Island. The Timaru urban area is home to people, and is the largest urban area in South Canterbury, and the second largest in the Canterbury Region overall, after Christchurch. The town is the seat of the Timaru District, which includes the surrounding rural area and the towns of Geraldine, Pleasant Point and Temuka, which combined have a total population of . Caroline Bay beach is a popular recreational area located close to Timaru's main centre, just to the north of the substantial port facilities. Beyond Caroline Bay, the industrial suburb of Washdyke is at a major junction with State Highway 8, the main route into the Mackenzie Country. This provides a road link to Pleasant Point, Fairlie, Twizel, Lake Tekapo, Aoraki / Mount Cook and Queenstown. Timaru has been built ...
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Dunedin
Dunedin ( ; mi, Ōtepoti) is the second-largest city in the South Island of New Zealand (after Christchurch), and the principal city of the Otago region. Its name comes from , the Scottish Gaelic name for Edinburgh, the capital of Scotland. The city has a rich Scottish, Chinese and Māori heritage. With an estimated population of as of , Dunedin is both New Zealand's seventh-most populous metro and urban area. For historic, cultural and geographic reasons the city has long been considered one of New Zealand's four main centres. The urban area of Dunedin lies on the central-eastern coast of Otago, surrounding the head of Otago Harbour, and the harbour and hills around Dunedin are the remnants of an extinct volcano. The city suburbs extend out into the surrounding valleys and hills, onto the isthmus of the Otago Peninsula, and along the shores of the Otago Harbour and the Pacific Ocean. Archaeological evidence points to lengthy occupation of the area by Māori prior to the ar ...
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Hornby, New Zealand
Hornby is a major residential and retail suburb at the western edge of Christchurch, New Zealand. The suburb is directly connected to other parts of Christchurch and the South Island by a number of main arterial routes, including State Highway 1 and the Christchurch Southern Motorway. History European settlement During the early stages of European settlement, Hornby was originally referred to as Southbridge Junction – with the junction acting as the start of the main road south. Due to rising confusion with the nearby town of Southbridge, a decision was made to rename the area to Hornby in 1878, although the origins of this name are unclear. One explanation holds that the suburb was named after Hornby-with-Farleton in Lancashire by Frederick William Delamain, who came to Christchurch from England in 1852. Delamain owned a nearby homestead, which gave its name to the nearby suburb of Yaldhurst, and was a prominent figure in the area during the latter half of the 19th centur ...
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Wellington
Wellington ( mi, Te Whanganui-a-Tara or ) is the capital city of New Zealand. It is located at the south-western tip of the North Island, between Cook Strait and the Remutaka Range. Wellington is the second-largest city in New Zealand by metro area, and is the administrative centre of the Wellington Region. It is the world's southernmost capital of a sovereign state. Wellington features a temperate maritime climate, and is the world's windiest city by average wind speed. Legends recount that Kupe discovered and explored the region in about the 10th century, with initial settlement by Māori iwi such as Rangitāne and Muaūpoko. The disruptions of the Musket Wars led to them being overwhelmed by northern iwi such as Te Āti Awa by the early 19th century. Wellington's current form was originally designed by Captain William Mein Smith, the first Surveyor General for Edward Wakefield's New Zealand Company, in 1840. The Wellington urban area, which only includes urbanised ar ...
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Mount Maunganui
Mount Maunganui (, ) is a major residential, commercial and industrial suburb of the Tauranga metropolitan area, located on a peninsula to the north-east of Tauranga's city centre. It was an independent town from Tauranga until the completion of the Tauranga Harbour Bridge in 1988, which connects Mount Maunganui to Tauranga's central business district. Mount Maunganui is also the name of the large lava dome which was formed by the upwelling of rhyolite lava about two to three million years ago. It is officially known by its Māori name '' Mauao'', but is colloquially known in New Zealand simply as ''The Mount''. The New Zealand Ministry for Culture and Heritage gives a translation of "large mountain" for ''Maunganui''. Geography Mount Maunganui is located atop a sand bar that connects Mauao to the mainland, a geographical formation known as a tombolo. Because of this formation, the residents of Mount Maunganui have both a harbour beach (Pilot Bay) and an ocean beach with g ...
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Te Rapa
Te Rapa is a mixed light industrial, large-scale retail and semi-rural suburb to the northwest of central Hamilton, New Zealand that is built on a flat area that was previously the bed of an ancient river, the forerunner to the present Waikato River. Stretching in a long, thin north–south axis, Te Rapa is home to many factories including Te Rapa Dairy Factory, one of the largest of its kind in the world. Te Rapa has freight and locomotive depots on the North Island Main Trunk railway. History Te Rapa and neighbouring Pukete were important sites for the kauri gum trade of the late 19th/early 20th centuries, being some of the southern-most locations where gum could be found. Demographics Te Rapa covers and had an estimated population of as of with a population density of people per km2. Te Rapa had a population of 294 at the 2018 New Zealand census, a decrease of 12 people (−3.9%) since the 2013 census, and a decrease of 33 people (−10.1%) since the 2006 cens ...
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Botany Downs
Botany Downs is an eastern suburb of the city of Auckland, New Zealand. This residential area previously formed part of the East Tāmaki area. In terms of local-body administration, the suburb lies in the Howick ward, one of the thirteen administrative divisions of the Auckland Council. Since , a general electorate, , has reflected the name of the suburb. Demographics Botany Downs covers and had an estimated population of as of with a population density of people per km2. Botany Downs had a population of 5,154 at the 2018 New Zealand census, an increase of 294 people (6.0%) since the 2013 census, and an increase of 354 people (7.4%) since the 2006 census. There were 1,680 households, comprising 2,496 males and 2,658 females, giving a sex ratio of 0.94 males per female, with 975 people (18.9%) aged under 15 years, 921 (17.9%) aged 15 to 29, 2,457 (47.7%) aged 30 to 64, and 804 (15.6%) aged 65 or older. Ethnicities were 60.5% European/Pākehā, 5.1% Māori, 3.1% Pacifi ...
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Albany, New Zealand
Albany ( mi, Ōkahukura) is one of the northernmost suburbs of the contiguous Auckland metropolitan area in New Zealand. It is located to the north of the Waitematā Harbour, northwest of the Auckland city centre. The suburb is in the Albany ward, one of the thirteen administrative divisions of Auckland Council. Much of the land to the north of Albany is still semi-rural. The Māori name for the area was Okahukura (literally, 'place of rainbows' or 'place of butterflies'). The town was originally known as Lucas Creek. By 1890 it was a fruit-growing area and in that year it was renamed 'Albany' after the fruit-growing district called 'Albany' in Australia, pronounced with a short 'a' as in ''Albert''. The name ''Albany'' derives from ''Alba'' (Gaelic for Scotland) and its Latinisation. City planning In 2005, there were plans to turn a major swath of Albany into a planned mini-urban centre, described as a "happy mix of businesses, hotels, shops, apartments, and entertainment (i ...
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