ANZ is the second of the big banks to hike interest rates this week blaming wholesale rates for the changes.

Trauma insurance is becoming more popular with customers who realise they are far likelier to claim on it than their life policies, says OnePath.

Kiwibank to insure its own loans after QBE stops accepting new lenders’ mortgage insurance cover in New Zealand.

Trade Me has entered into an agreement to purchase LifeDirect, run by the people behind Quote Monster, for an undisclosed sum.

The Reserve Bank says that from October 1 banks will not be allowed to write more than 10% of their loans above the 80% LVR mark.

ASB economists expect the Reserve Bank will implement LVR lending restrictions and, in this note, looks at what it means in terms of protection and house prices.

AMP Financial Services has reported a strong half year profit which includes an turnaround in its experience profits. It also says the merger with AXA is nearly complete and the benefits are starting to show.

Insurance companies have just three weeks left to get licenced or they won't be able to operate.