Cyclone Damage

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Kiwis call for strong leadership, clearer data ...

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 ...

SPOTLIGHT ON

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Steering resilience

A local government perspective

A recent Suncorp-hosted seminar titled Unpacking the National Adaptation Framework aimed to facilitate conversations among insurers, government, businesses and communities about managing the growing risks from climate-related natural ha...

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Insurance-led recovery efforts ramp up

October’s severe weather has generated about 6,000 claims

The spring storms that swept across New Zealand in October have left a trail of destruction, particularly in rural communities on the South Island. More than 3,300 claims have been lodged with major insurers, including IAG’s NZ br...

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Auckland Council’s flood viewer well used

  Auckland Council’s online flood viewer is seeing sustained high use more than two years after the 2023 anniversary weekend floods and Cyclone Gabrielle, events that caused 15 deaths, forced thousands from their...

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Land-use modelling system helping to evaluate f...

  A land-use modelling system commissioned by the Natural Hazards Commission Toka Tū Ake (NHC) has been developed to help councils and planners evaluate how zoning rules and infrastructure investment decisions could...

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Understanding the limits of New Zealand’s natur...

  The Natural Hazards Commission (NHC) is calling on homeowners – and the brokers who advise them – to understand the limits of New Zealand’s natural hazard land cover before disaster strikes. A...

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Adapting to a new reality: Helping clients prep...

By Jimmy Higgins CEO, Suncorp New Zealand and Vero Insurance

Thirty years ago, few could have imagined the scale or regularity of the natural disasters we face today. Events like Cyclone Gabrielle and the Auckland Anniversary floods have brought the impacts of climate change directly to our...

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Green insurance products are gaining traction

Green insurance products are gaining traction in the global market as both consumer demand for sustainable options and climate-related risks intensify, according to new research from data and analytics company GlobalData.  A...

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Minister Seymour signals sector review

Associate Finance Minister David Seymour has confirmed that a review of the f...

In an interview with CoverNote that occurred against a backdrop of a state of emergency in Christchurch, Wellington battling wind gusts of up to 150kmph and the MetService issuing a rare red weather warning, Minister Seymour outlined...

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Does the property insurance model need changing?

Can compulsory building reports save insurers millions?

A Christchurch-based building consultant says the property insurance model is “flawed” and building reports that are both compulsory and detailed would significantly reduce the costs and risks faced by insurers, consumers...

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