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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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Japan’s approach to earthquake insurance pricing, claims assessment, and dispute resolution is under examination by New Zealand legal and insurance specialists as they reassess how the local system is likely to perform after a maj...
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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 ...
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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...Feature
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...Feature
Vero Insurance, part of Suncorp New Zealand, has released its second Climate-Related Disclosures. The report highlights the insurance industry’s unique exposure to climate impacts and reinforces the urgent need for increased...
FSCL Case Study
Jiya* owned commercial office space that she converted into several office spaces for renting. The insurance for the units was managed by the Body Corporate. In February 2023, one of the office spaces was damaged during the...
FSCL Case Study
When Cyclone Gabrielle hit on 13 and 14 February 2023, Willow’s* business had 19 heavy machines located at skid sites in the upper North Island. The machinery had originally been taken to the skid sites using a transporter...
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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...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...
