insurance affordability

Quashed data shows price difference between lowest and highest quotes for same type of cover across insurance providers has ‘widened significantly’ with risk-based pricing raised as a likely reason why

Quashed data shows price difference between lowest and highest quotes for same type of cover across insurance providers has ‘widened significantly’ with risk-based pricing raised as a likely reason why

Despite lack of robust insurance data, academic Jonathan Boston says 'we can be pretty confident that affordability has been declining, and that insurance retreat, however small it might be at the moment, is going to increase rapidly'

Despite lack of robust insurance data, academic Jonathan Boston says 'we can be pretty confident that affordability has been declining, and that insurance retreat, however small it might be at the moment, is going to increase rapidly'

Tower chair say Government levies and taxes are ‘adding significant cost and complexity’ to insurance premiums as the insurer reports ‘constrained’ gross written premium growth

Tower chair say Government levies and taxes are ‘adding significant cost and complexity’ to insurance premiums as the insurer reports ‘constrained’ gross written premium growth

Reserve Bank says it wants banks to have a much broader sense of insurance coverage across their loan portfolio as emerging insurance pressures ‘indicate financial stability risks may increase’

Reserve Bank says it wants banks to have a much broader sense of insurance coverage across their loan portfolio as emerging insurance pressures ‘indicate financial stability risks may increase’

Financial stability and insurance: 'Concerns over affordability, climate change, and dependence on global reinsurance mean the situation could change quickly and warrants monitoring,' the Reserve Bank says

Financial stability and insurance: 'Concerns over affordability, climate change, and dependence on global reinsurance mean the situation could change quickly and warrants monitoring,' the Reserve Bank says

Quashed data shows people over 50 are experiencing the highest increase in insurance premiums, with auto-renewing raised as a likely reason why

Quashed data shows people over 50 are experiencing the highest increase in insurance premiums, with auto-renewing raised as a likely reason why

Natural Hazards Commission lays out its long-term investment plans for the Natural Hazards Fund, which has around $670 million

Natural Hazards Commission lays out its long-term investment plans for the Natural Hazards Fund, which has around $670 million

Global natural disasters continue to cost insurers billions, as New Zealand has a relatively ‘quiet’ 2025 with three events totalling at least $120 million

Global natural disasters continue to cost insurers billions, as New Zealand has a relatively ‘quiet’ 2025 with three events totalling at least $120 million

Outgoing Tower chairman Michael Stiassny says NZ has had ‘multiple wake up calls’ and while some progress has been made to address the impacts of extreme weather events, ‘it has been haphazard, inadequate and painfully slow'

Outgoing Tower chairman Michael Stiassny says NZ has had ‘multiple wake up calls’ and while some progress has been made to address the impacts of extreme weather events, ‘it has been haphazard, inadequate and painfully slow'

Consumer NZ says it expects insurance retreat to impact more areas around New Zealand because of increased flooding, landslides and sea surges

Consumer NZ says it expects insurance retreat to impact more areas around New Zealand because of increased flooding, landslides and sea surges

Insurance affordability and the financial settings are a 'downstream symptom' of increasing risk, Natural Hazards Commission chief executive says, as Southern Response continues to expect new claims

Insurance affordability and the financial settings are a 'downstream symptom' of increasing risk, Natural Hazards Commission chief executive says, as Southern Response continues to expect new claims

Transport Minister Chris Bishop isn't opposed to compulsory third party car insurance but says ‘the gains from making something mandatory are not necessarily as high’ as people think

Transport Minister Chris Bishop isn't opposed to compulsory third party car insurance but says ‘the gains from making something mandatory are not necessarily as high’ as people think

Quashed data shows people who auto-renew insurance pay more than those who switch as government launches probe into insurance affordability

Quashed data shows people who auto-renew insurance pay more than those who switch as government launches probe into insurance affordability

Commerce and Consumer Affairs Minister Scott Simpson says the Government will 'consider necessary initiatives' as premiums continue to grow, raising concerns about insurance affordability and accessibility

Commerce and Consumer Affairs Minister Scott Simpson says the Government will 'consider necessary initiatives' as premiums continue to grow, raising concerns about insurance affordability and accessibility

Government pushes out decision on whether to increase the Natural Hazards Insurance Levy as Finance Minister Nicola Willis says insurance is a major cost-of-living pressure on New Zealanders

Government pushes out decision on whether to increase the Natural Hazards Insurance Levy as Finance Minister Nicola Willis says insurance is a major cost-of-living pressure on New Zealanders