Global insurance trends

GlobalData Looks at NZ Trends and Growth Prospects

GlobalData has been thinking about the GI market in NZ, which also has a fast growing insurtech hub in Auckland by the way. Here’s the report preview from GlobalData; The New Zealand general insurance industry […]

Global insurance trends

Commercial: Actility Sets-Up Power Grid Monitoring 24/7

Actility is set to deploy a large-scale LoRaWAN® network in order to improve the monitoring of New Zealand’s second largest electricity distribution network. Smart Grid sensors will be installed in order to detect in real-time all […]

Opinion

Market Snapshot: GlobalData Sees Growth Potential in New Zealand

High susceptibility to natural hazards combined with rise in residential and infrastructure construction is expected to drive New Zealand’s general insurance market from NZD8.4bn (US$5.8bn) in 2018 to NZD10.9bn (US$7.8bn) in 2023, according to GlobalData, […]

Insurance & Reinsurance

Irish Court Appoints Administrator for CBL Insurance Europe

Reuters is reporting that an Irish court has appointed an administrator to CBL Insurance Europe (CBLIE), a wholly owned subsidiary of New Zealand’s CBL Corp Ltd, to avoid the risk of a “disorderly failure”, the […]