Climate Change
By Rachael Pettigrew, Head of Risk Advisory, Willis NZ
Organisations can spend more time preparing for the last crisis than they do for the next one. Insurance remains one of the most effective tools for managing known risks. However, some of the biggest threats facing businesses today...Climate Change
By Graham Campbell, Director - Economics and Research, New Zealand Infrastruc...
Flooding - both inland and coastal - is already one of New Zealand's most costly natural hazards, and the costs are rising. New research by Earth Sciences New Zealand, commissioned by the New Zealand Infrastructure Commission, Te W...Climate Change
A $15 million scheme elsewhere avoided 10 times its cost
Private insurers have absorbed $31 billion of the more than $64 billion in total natural hazard costs New Zealand has incurred since 2010, while government spending on reducing that risk before disasters strike has remained at just 3%,...Climate Change
Understanding Climate Risk
Yvonne Moore, head of Zurich Resilience Solutions (UK), explains why resilience programmes stall inside organisations. She also sets out what a proactive climate strategy does to an underwriting conversation, and why that exchange...Climate Change
Insurance Council of New Zealand
The Climate Change Response Amendment Bill has been welcomed by insurers for setting out a long-awaited framework for climate adaptation, but they warn that funding, implementation and durable political support will be critical to...Feature
As a small island nation New Zealand has always lived with weather risk, but industry tracking shows storm-related claims were up more than 250% in the 12 months to February 2026. Storms struck somewhere in New Zealand roughly once...
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New data released recently reveals a record 46 storms over the past 12 months, driving a sharp rise in claims. Phil Gibson, AMI, State and NZI CEO, says: “Between autumn 2025 and summer 2026, our claims teams supported...
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Kris Faafoi is Chief Executive of the Insurance Council of New Zealand | Te K...
New Zealand has started 2026 with a reminder about the reality of extreme weather. In January, communities across the upper North Island and East Cape experienced torrential rain, flooding and landslips that damaged homes, cut...Feature
Following weather-related states of emergency in five North Island districts, New Zealand’s network of professional insurance brokers is on standby to help those affected navigate claims that may result. The Insurance Brokers...
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New Talbot Mills research commissioned by Suncorp New Zealand reveals a clear public appetite for action on climate adaptation, with 82% of New Zealanders wanting greater access to natural hazard risk information and strong support for...