The government plans to cover an extra NZ$50,000 (US$36,300) of building damage for each claim after a natural disaster, raising the coverage ceiling to NZ$150,000. This is part of reforms to the Earthquake Commission (EQC) announced yesterday.
Japan has seen a sharp increase in the number of policyholders - mainly companies - taking out cyber insurance.
New regulations targeting insurance packages sold on TV shopping channels have seen fewer customers misled by false advertising.
Health experts have asked the central government to expand nationwide a four-year-old cashless medical...
Revenue collected by the government-run basic pension scheme exceeded expenditure in the first five months of...