IAG, the country's largest insurer, has reported a significant increase in insurance profit in the 12 months to the end of June.

The company, which owns the State, AMI and NZI brands, said it had collected 19 percent more in premiums from retail customers in New Zealand than in the previous year.

Chief executive Amanda Whiting says the company has worked through a big year for the sector. 

"We've been focusing on supporting customers who we know have been experiencing cost of living challenges - so we've been doing a fair bit around that, we've been making sure that we're bolstering our customer care."

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IAG, the country's largest insurer, has reported a significant increase in insurance profit in the 12 months to the end of June.
The company, which owns the State, AMI and NZI brands, said it had collected 19 percent more in premiums from retail customers in New Zealand than in the previous year.
Chief executive Amanda Whiting says the company has worked through a big year for the sector. 
"We've been focusing on supporting customers who we know have been experiencing cost of living challenges - so we've been doing a fair bit around that, we've been making sure that we're bolstering our customer care."
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Amanda Whiting: IAG chief executive on the company reporting a tenfold increase in insurance profit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c06b16f4-c8d4-4b65-ade3-b1d300730f51/transcript