Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Insurance Council Applauds Latest Burglary Stats

Insurance Council Applauds Latest Burglary Statistics

In response to new statistics that indicate reported crime is on the decrease, the Insurance Council is today calling for increased resources for Police to continue the fight against crime.

The Insurance Council has applauded statistics released today by the New Zealand Police which indicate Police are now making real inroads into reducing crime. Of particular importance to insurers are statistics that indicate a decrease in recorded burglary and motor vehicle theft.

Insurers believe the rights of ordinary New Zealanders to safety and security in their homes, and the protection of their property, is paramount. Burglary is the crime most likely to be experienced by New Zealanders. New Zealanders have repeatedly indicated that the protection of their property, including homes and motor vehicles, is a priority.

"Now is the time to take advantage of the Police's success and allow the Police to place increased emphasis on burglary and theft rates", said Chris Ryan, Chief Executive of the Insurance Council.

Insurers are involved in a number of initiatives aimed at reducing theft. Operation SNAP is a trial scheme run by Police and insurers aimed at reducing the fencing of stolen goods. The Insurance Council is encouraging New Zealanders to identify their property through serial numbers, and to report these numbers to their insurer.

As many repeat burglars go on to commit more serious crimes later in life, strategies aimed at the early detection and rehabilitation of offenders will continue to be supported by insurers.

Insurers' currently pay out hundreds of millions of dollars in claims to New Zealanders who have been robbed of their property and motor vehicles. Last year, Insurance Council members paid out over $1 billion in claims of which almost $300 million was for claims relating to burglary and theft.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news