cyclone gabrielle

Global natural disasters cost insurers billions in 2024 but New Zealand stayed relatively unscathed

Global natural disasters cost insurers billions in 2024 but New Zealand stayed relatively unscathed

Natural Hazards Commission says the current natural hazards insurance levy is ‘insufficient’ and would need to be 50% higher to break even

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

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

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

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

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

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

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

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

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

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

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

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

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

John Tookey says one year on from Cyclone Gabrielle, NZ still needs a plan to fix its failing infrastructure