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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 * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Auckland, New Zealand
Auckland (pronounced ) ( mi, Tāmaki Makaurau) is a large metropolitan city in the North Island of New Zealand. The List of New Zealand urban areas by population, most populous urban area in the country and the List of cities in Oceania by population, fifth largest city in Oceania, Auckland has an urban population of about It is located in the greater Auckland Region—the area governed by Auckland Council—which includes outlying rural areas and the islands of the Hauraki Gulf, and which has a total population of . While European New Zealanders, Europeans continue to make up the plurality of Auckland's population, the city became multicultural and Cosmopolitanism, cosmopolitan in the late-20th century, with Asian New Zealanders, Asians accounting for 31% of the city's population in 2018. Auckland has the fourth largest Foreign born, foreign-born population in the world, with 39% of its residents born overseas. With its large population of Pasifika New Zealanders, the city is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Auckland
Auckland (pronounced ) ( mi, Tāmaki Makaurau) is a large metropolitan city in the North Island of New Zealand. The List of New Zealand urban areas by population, most populous urban area in the country and the List of cities in Oceania by population, fifth largest city in Oceania, Auckland has an urban population of about It is located in the greater Auckland Region—the area governed by Auckland Council—which includes outlying rural areas and the islands of the Hauraki Gulf, and which has a total population of . While European New Zealanders, Europeans continue to make up the plurality of Auckland's population, the city became multicultural and Cosmopolitanism, cosmopolitan in the late-20th century, with Asian New Zealanders, Asians accounting for 31% of the city's population in 2018. Auckland has the fourth largest Foreign born, foreign-born population in the world, with 39% of its residents born overseas. With its large population of Pasifika New Zealanders, the city is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Australia Group
Insurance Australia Group Limited (IAG) is a multinational insurance company. It is the largest general insurance company in Australia, and also the largest in New Zealand through its subsidiary IAG New Zealand. IAG had its origins in the National Roads and Motorists' Association (NRMA). It is headquartered in Sydney, Australia. The NRMA Insurance business demutualised in July 2000, separating from NRMA, with an issue of shares to NRMA members. NRMA Insurance Group Limited changed its name to Insurance Australia Group Limited on 15 January 2002, according to its website. IAG is an umbrella organization with numerous well known insurance brands it has acquired. The name ''IAG'' is not itself a customer-facing brand. IAG is listed on the Australian Securities Exchange and is a constituent of the S&P/ASX 50 index. Operations Insurance Australia Group has operations in Australia and New Zealand and a presence in five countries in Asia. Its businesses and brands include: Austral ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Insurance
General insurance or non-life insurance policy, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determined to be life insurance. It is called property and casualty insurance in the United States and Canada and non-life insurance in Continental Europe. In the United Kingdom, insurance is broadly divided into three areas: personal lines, commercial lines and London market. The London market insures large commercial risks such as supermarkets, football players, corporation risks, and other very specific risks. It consists of a number of insurers, reinsurers, P&I Clubs, brokers and other companies that are typically physically located in the City of London. Lloyd's of London is a big participant in this market. The London market also participates in personal lines and commercial lines, domestic and foreign, through reinsurance. Commercial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Insurance
State Insurance is an insurance company based in New Zealand. , it is a business division of IAG New Zealand, a subsidiary of Insurance Australia Group. History State Insurance was formerly called the State Insurance Office. Previously, it had been the State Fire and Accident Office. The State Insurance Act 1990 repealed the State Insurance Act 1963 and created State Insurance as a state-owned enterprise. In late 2014, State closed all but one of its branches saying that 94% of customers were conducting their business online or over the phone. The branch in Riccarton, Christchurch, remained open due to the specific customer needs in the area surrounding the 2011 Christchurch earthquake, until it closed in 2020. The company has had well-known commercials that feature the song "Break My Stride "Break My Stride" is a song performed by American recording artist Matthew Wilder. It was released in October 1983 as the lead single from his debut album, '' I Don't Speak the Langu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Companies Of New Zealand
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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