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

First look at NZICC, and SkyCity's hopes for $70m fund
Economy

First look at NZICC, and SkyCity's hopes for $70m fund

SkyCity's COO says a new govt fund should help fill empty hotel rooms across Auckland.

Banks revise economic outlooks for Q2 GDP contraction
Finance

Banks revise economic outlooks for Q2 GDP contraction

Economists now see NZ's GDP contracting in Q2, but doubt a technical recession in Q3.

Adrian Orr’s first commercial post-RBNZ gig revealed
Economy

Adrian Orr’s first commercial post-RBNZ gig revealed

Orr backs the Māori economy in his first executive gig since quitting.

Pattrick Smellie 12 Sep 2025
Retail card spending climbs for third month
Retail

Retail card spending climbs for third month

The total amount spent using electronic cards was $9.3 billion.

Chido Machingura 12 Sep 2025