The billion-dollar insurance companies operating in NZ

The billion-dollar insurance companies operating in NZ
Insurance premiums have risen dramatically in recent years, particularly following major weather events. (Image: Getty/NZME)
Michael Neilson
New Zealand’s 10 largest insurance companies collectively recorded over $1 billion in profit in 2024, as insurance premiums soared more than 40% in just two years.A BusinessDesk analysis of company financial statements of these 10 insurers – covering the largest general and life insurance companies – brought in $11.4b in premium revenue in 2024, the latest financial year with a full dataset, which was a 43% increase since 2020, or just 17% in real terms (adjusted for inflation). These companies collectively reported $1.2b...

More Infrastructure

US$411b on the table: will NZ claim a slice?
Primary Sector

US$411b on the table: will NZ claim a slice?

Infrastructure will be a major focus of the NZ EU Summit, but Ukraine might be too.

Wellington Airport's half-year passenger numbers down, net loss up
Infrastructure

Wellington Airport's half-year passenger numbers down, net loss up

A fall in domestic passenger numbers has been blamed on Air NZ's fleet problems.

Staff reporters 23 Oct 2025
Marsden Maritime Holdings CEO Rosie Mercer standing down
Infrastructure

Marsden Maritime Holdings CEO Rosie Mercer standing down

Marsden Maritime Holdings' chief executive, Rosie Mercer, is stepping down at the end of the year.After three years in the job, she said the decision was a natural transition point for her and the company, as Marsden Maritime Holdings (MMH) was in a strong position and well-p...

Ian Llewellyn 23 Oct 2025
Property for Industry says valuation cycle turning
Infrastructure

Property for Industry says valuation cycle turning

It cites strong occupancy, lease terms behind and sees strong 2026.

Staff reporters 21 Oct 2025