Commonwealth Bank life and general insurer CommInsure has pleaded guilty to 87 counts of making “non-compliant, unsolicited” telephone calls to sell insurance products. read more
Insurance, funds and super (232 items)
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Reserve Bank of New Zealand governor Adrian Orr has fired a warning shot at the insurance sector, telling insurers they need to put more effort into managing the evolving risks facing the sector (such as climate change) and do better at risk pricing using the advances in data science and technology. read more
A "shocked" Westpac NZ CEO David McLean decided front footing the issue was the way to go after a report into pay equity at the bank found a gender pay gap of 30.3 per cent. read more
Standard and Poor’s reaffirmed its ratings for ten big New Zealand banks and finance companies, and said the slowdown in house price growth had put banks in a stronger position and eased economic risk. read more