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Suncorp's Jimmy Higgins hopeful insurance premium increases will slow following hefty hikes in 2023

Suncorp New Zealand is reporting hefty premium increases, much like the other dominant Australian-owned general insurer in the market, IAG. Suncorp’s gross. ....

New Zealand , North Island , New Zealand General , Jimmy Higgins , Suncorp New Zealand , Vero Intermediated , Vero Liability , Asteron Life , Cyclone Gabrielle , North Queensland ,

Fears depositor compensation scheme could give big banks more market power

Small banks, credit unions, building societies and finance companies fear a new depositor compensation scheme risks making it harder for them to compete with. ....

Hawke Bay , New Zealand , Given The Commerce Commission , European Union , Wairarapa Building Society , Reserve Bank , Commerce Commission ,