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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 ...
SPOTLIGHT ON
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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 ha...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 br...
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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
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
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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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...
