AA Insurance reintroduces full home replacement cover for fire, flood and storm damage

Paul McBeth
Mon, 12 Sep 2016

By Paul McBeth Sept. 12 (BusinessDesk) - AA Insurance, which is owned Australia's Suncorp Group and the New Zealand Automobile Association, has reintroduced full replacement home cover events such as fires, floods and storms, but shied away from including natural disasters which would have been too expensive.  Insurers switched full replacement cover for the international norm of sum insured after the spate of Canterbury earthquakes that devastated the country's second-biggest city. Global reinsurers underestimated the cost of those quake...
Tenancy law could turn good neighbourhoods into slums: landlords
Brent Melville | Thu, 06 Aug 2020

The new Residential Tenancies Amendment Bill 2020, which passed under urgency yesterday, got the balance right, placed reasonable requirements on both landlords and tenants and would endure through Ne...

MARKET OPEN: Kiwi holds its own as greenback falters, US equities push higher
Rebecca Howard | Thu, 06 Aug 2020

The kiwi dollar continues to hold its own as the greenback is weighed down by poor US data while the domestic share market may take cheer from a lift on Wall Street after positive earnings reports. ...

Listed Companies
Billion dollar hotel developments on backburner until better times
Brent Melville | Thu, 06 Aug 2020

Plans for at least 25 major hotel developments, valued at $2 billion, are gathering dust pending decisions on when, or if, construction will commence in the wake of border closures. The two dozen o...

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Don’t fear the robots. How software can help your business succeed

New Zealand businesses are on the road to recovery from the economic impact of the Covid-19 crisis but they, like corporates around the world, are having to change their operational practices.