Insurer AIA trims excess roles

Insurer AIA trims excess roles
Hong Kong-based AIA. (Image: Getty)
Murray Jones
New Zealand’s largest life insurer has made 23 employees redundant.AIA NZ confirmed the development to BusinessDesk on Monday, June 17. A spokesperson for the insurer said: “AIA NZ continues to evolve how it operates to better support customers and business partners.“We recently consulted around some proposed changes to our organisational design across some of our teams. The outcome of this process has seen redundancies affecting 23 team members, with a small number also currently in redeployment. “Like any bus...

More Economy

Consumer confidence back on the up – ANZ survey
Economy Free

Consumer confidence back on the up – ANZ survey

Consumer confidence rose five points to 98.3 in April, according to the latest ANZ-Roy Morgan survey, shoring up the upward trend that was starting to look wobbly.But inflation expectations also rose sharply – up 0.5 points to 4.7%, the highest reading since July 2023.“Household...

Staff reporters 24 Apr 2025
‘Uncertainty abounds’: Willis on trade war challenges
Economy

‘Uncertainty abounds’: Willis on trade war challenges

The impacts for NZ are twofold and will make its economic recovery harder, Willis says.

Rebecca Howard 23 Apr 2025
Rise in liquidations compounded by IRD crackdown
Economy

Rise in liquidations compounded by IRD crackdown

The IRD filed two-thirds of creditor applications in the March quarter.

Gregor Thompson 22 Apr 2025