More extreme weather events hit IAG’s margins
Finance

More extreme weather events hit IAG’s margins

The insurer's New Zealand arm reported an insurance profit of A$220 million (NZ$242m), down from A$305m. 

Riley Kennedy 12 Aug 2022
Millennium & Copthorne upbeat on property development
Finance

Millennium & Copthorne upbeat on property development

The hotel operator recorded a net profit of $15.4 million for the six months to June 30.

Riley Kennedy 10 Aug 2022
NZ Automotive Investments loses confidence of financier
Finance

NZ Automotive Investments loses confidence of financier

The car sales and auto finance company better known for its brand 2 Cheap Cars did not name the bank which provides the funding.

Riley Kennedy 09 Aug 2022
Suncorp NZ boss: Insurers need to sit at table with Govt
Infrastructure

Suncorp NZ boss: Insurers need to sit at table with Govt

Suncorp NZ paid out $107 million in natural hazards claims last financial year.

Riley Kennedy 09 Aug 2022