cyclone gabrielle
Natural Hazards Commission says the current natural hazards insurance levy is ‘insufficient’ and would need to be 50% higher to break even
4th Dec 24, 7:26am
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Natural Hazards Commission says the current natural hazards insurance levy is ‘insufficient’ and would need to be 50% higher to break even
Labour Party Finance Spokesperson Barbara Edmonds highlights critical role of insurance in New Zealand’s financial future as natural hazard risks increase and insurance premiums continue to rise
5th Sep 24, 11:57am
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Labour Party Finance Spokesperson Barbara Edmonds highlights critical role of insurance in New Zealand’s financial future as natural hazard risks increase and insurance premiums continue to rise
IAG New Zealand CEO says insurers need to ‘balance out the bad years with the good’ as the insurer reports a 15% increase in annual gross written premium to $4 billion and an annual insurance profit of $500.7 million
21st Aug 24, 12:24pm
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IAG New Zealand CEO says insurers need to ‘balance out the bad years with the good’ as the insurer reports a 15% increase in annual gross written premium to $4 billion and an annual insurance profit of $500.7 million
Climate risk expert says New Zealand needs a national flood adaptation platform to mitigate the rising costs and financial risks caused by floods
26th Jul 24, 10:03am
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Climate risk expert says New Zealand needs a national flood adaptation platform to mitigate the rising costs and financial risks caused by floods
Insurance Council tells Parliament’s Finance and Expenditure Committee natural hazard events are affecting global reinsurers’ view of NZ
16th Jul 24, 12:57pm
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Insurance Council tells Parliament’s Finance and Expenditure Committee natural hazard events are affecting global reinsurers’ view of NZ
New Zealand's biggest rent increases have come in cyclone-affected Gisborne and Hawke's Bay
19th Jun 24, 9:00am
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New Zealand's biggest rent increases have come in cyclone-affected Gisborne and Hawke's Bay
Microsoft Teams found wanting in NEMA's internal review, along with IT systems not being reliable when they were most needed during the Auckland Anniversary storm and Cyclone Gabrielle
28th May 24, 3:52pm
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Microsoft Teams found wanting in NEMA's internal review, along with IT systems not being reliable when they were most needed during the Auckland Anniversary storm and Cyclone Gabrielle
General insurer Tower reports 20% growth of $291 million in gross written premiums in 2024 first-half result
28th May 24, 10:04am
General insurer Tower reports 20% growth of $291 million in gross written premiums in 2024 first-half result
Parliament tasks a cross-party committee with working out how to cope with the risk of extreme weather events as climate change makes disasters more frequent
10th May 24, 11:54am
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Parliament tasks a cross-party committee with working out how to cope with the risk of extreme weather events as climate change makes disasters more frequent
IAG says 86% of home buyers and renters now have climate risks front of mind when looking at property
9th May 24, 10:14am
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IAG says 86% of home buyers and renters now have climate risks front of mind when looking at property
Could insurers afford a Canterbury-sized earthquake in Wellington? ICNZ’s departing CEO Tim Grafton says it raises ‘some questions’ around reinsurance affordability
5th Apr 24, 7:42am
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Could insurers afford a Canterbury-sized earthquake in Wellington? ICNZ’s departing CEO Tim Grafton says it raises ‘some questions’ around reinsurance affordability
Statistics NZ reveals disproportionate erosion risk across the country with new 2022 data around highly erodible land and long-term soil erosion
27th Mar 24, 4:05pm
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Statistics NZ reveals disproportionate erosion risk across the country with new 2022 data around highly erodible land and long-term soil erosion
Aon New Zealand climate report highlights New Zealand among list of countries with some of the costliest weather-related insurance events on record
18th Mar 24, 1:30pm
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Aon New Zealand climate report highlights New Zealand among list of countries with some of the costliest weather-related insurance events on record
John Tookey says one year on from Cyclone Gabrielle, NZ still needs a plan to fix its failing infrastructure
7th Feb 24, 8:41am
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John Tookey says one year on from Cyclone Gabrielle, NZ still needs a plan to fix its failing infrastructure
NZIER says barriers to climate adaptation investment need to be addressed while resilience investment needs to be incentivised
30th Jan 24, 1:31pm
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NZIER says barriers to climate adaptation investment need to be addressed while resilience investment needs to be incentivised
Simon Watts says the Government is ‘moving at pace’ to get adaption framework underway as insurers reflect on last year’s North Island flooding disasters
27th Jan 24, 9:35am
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Simon Watts says the Government is ‘moving at pace’ to get adaption framework underway as insurers reflect on last year’s North Island flooding disasters
Insurance Council says about three quarters of the $3.6 billion of claims for the massive weather events earlier this year have now been paid
12th Dec 23, 9:35am
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Insurance Council says about three quarters of the $3.6 billion of claims for the massive weather events earlier this year have now been paid
Insurer Tower says it faced significant challenges this financial year, but its underlying result 'demonstrates resilience and strategic delivery' that positions the company well for long-term sustainable growth and performance
23rd Nov 23, 11:00am
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Insurer Tower says it faced significant challenges this financial year, but its underlying result 'demonstrates resilience and strategic delivery' that positions the company well for long-term sustainable growth and performance
IAG says it has paid out more than $1 billion in insurance claims for the North Island floods & Cyclone Gabrielle
20th Nov 23, 10:49am
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IAG says it has paid out more than $1 billion in insurance claims for the North Island floods & Cyclone Gabrielle
Homeowners who sell their weather damaged properties to local councils will not be subject to the bright-line test, Revenue Minister Barbara Edmonds says
23rd Aug 23, 4:26pm
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Homeowners who sell their weather damaged properties to local councils will not be subject to the bright-line test, Revenue Minister Barbara Edmonds says
Motu researchers release a guide aimed at assisting communities facing large, disruptive changes
18th Aug 23, 9:24am
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Motu researchers release a guide aimed at assisting communities facing large, disruptive changes
RBNZ Governor Adrian Orr expects to serve out his five-year term despite polls pointing to a change in government
17th Aug 23, 5:03pm
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RBNZ Governor Adrian Orr expects to serve out his five-year term despite polls pointing to a change in government
Insurer Tower says inflation, motor crime and supply chain issues continued to worsen over the third quarter of its financial year to September
19th Jul 23, 10:11am
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Insurer Tower says inflation, motor crime and supply chain issues continued to worsen over the third quarter of its financial year to September
Auckland University's Martin Brook on how this year's extreme weather shows we need a more holistic storm preparation and response approach
25th Jun 23, 6:10am
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Auckland University's Martin Brook on how this year's extreme weather shows we need a more holistic storm preparation and response approach
Insurance Council says a little over a third of claims have so far been paid out for the twin weather events early this year; warns some claims could take over a year to settle
22nd Jun 23, 10:34am
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Insurance Council says a little over a third of claims have so far been paid out for the twin weather events early this year; warns some claims could take over a year to settle