Insurers largely prepared for covid-19 - RBNZ

Insurers largely prepared for covid-19 - RBNZ
Rebecca Howard
Insurers are largely prepared to deal with the fallout from the coronavirus outbreak, says Reserve Bank deputy governor Geoff Bascand. The central bank was satisfied with the response by the nation's lenders when it asked about their risk management plans and general preparations for the covid-19 outbreak. And while it it was largely satisfied with the response from insurers, Bascand told BusinessDesk the regulator was helping those firms raise their preparedness.“It would be fair to say that, partly because of their own diversity and part...

More Finance

Fast-food chain float could give Fonterra a steer
Finance

Brian Robins: Fast-food chain float could give Fonterra a steer

After a dearth of IPOs, all eyes are on Guzman y Gomez. 

Whineray appointed new Jarden chair
Finance

Whineray appointed new Jarden chair

Fraser Whineray quit as Fonterra's chief operating officer in July 2023.

Murray Jones 19 Jun 2024
Bluebird improves profits after investment in Wiri site
Finance

Bluebird improves profits after investment in Wiri site

Bluebird Foods NZ has posted a profit of $13.2m for the year ended December 2023.

Staff reporters 18 Jun 2024
The danger of seeking out a returns Booster
Finance

Paul McBeth: The danger of seeking out a returns Booster

The FMA needs to move swiftly in its bid to be a related party pooper.

Paul McBeth 18 Jun 2024