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Financial Markets Authority (FMA) Report
In early 2023, New Zealand was hit by two severe weather events, with the Auckland Anniversary Weekend floods and Cyclone Gabrielle occurring within a period of 16 days. The impact of these events on both people and p...Feature
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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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 inf...
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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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IAG New Zealand has announced an insurance profit of AU$606m (FY24: AU$457m) for the financial year ended 30 June 2025, delivering a reported insurance margin of 27.4% (FY24: 22.5%). This result reflects the lower cost of...
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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...Feature
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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New research from Tower reveals that nearly half (46%) of Kiwis want more information about their property’s exposure to climate-related risks and natural disasters. The findings also show that an overwhelming 86% of...
IFSO Case Study
Tama* held travel insurance for a trip to the USA. During his trip, a connecting flight he was taking from Boston to Los Angeles was delayed, meaning he missed his flight back to New Zealand. As a result, he had to pay for...
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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...
