Category: Media Releases

FINAL JULY AND AUGUST EXTREME WEATHER CLAIMS TOP $123M

Final claims data released today by the Insurance Council of New ZealandTe Kāhui Inihua o Aotearoa (ICNZ) show that extreme weather-related claims spanning five events across July and August has reached 11,086 claims valued at $123.8 million. This is an increase of 35% or $32.1 million on provisional reporting for these climate-related events. “We are …

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ICNZ WELCOMES IMPROVED HAZARD INFORMATION ON LIMS

The Insurance Council of New ZealandTe Kāhui Inihua o Aotearoa (ICNZ) welcomes the introduction of the Local Government Official Information and Meetings Amendment Bill. The Bill includes provisions to open the door to greatly improved information on natural hazards, such as flood risk and coastal erosion, for property owners and potential buyers. Importantly, the Bill …

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MEDIA OPPORTUNITIES AT ICNZ CONFERENCE, 8 NOVEMBER, CORDIS HOTEL TĀMAKI MAKAURAU AUCKLAND

Members of the media are invited to register free of charge for the Insurance Council of New ZealandTe Kāhui Inihua o Aotearoa (ICNZ)’s Annual Conference. Conference will be held at on Tuesday, 8 November at the Cordis Hotel, Tāmaki Makaurau Auckland. You can see the programme for the day here. If you would like to register, …

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INITIAL INSURANCE LOSSES FROM AUGUST WEATHER BOMB $48M

New claims data released today by the Insurance Council of New ZealandTe Kāhui Inihua o Aotearoa (ICNZ) show that mid August’s extreme weather resulted in 3,165 general insurance claims with a provisional value of $47.98 million.   Of this, the Nelson Tasman District accounted for 1,248 private insurer claims with a provisional value of $21.64 million …

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INCOMING COUNCILS MUST PRIORITISE CLIMATE RESILIENCE

“Incoming mayors, councillors and community board members must prioritise investing in community-centred climate resilience,” says Insurance Council of New ZealandTe Kāhui Inihua o Aotearoa (ICNZ) Chief Executive Tim Grafton. Local government is at the forefront of responding to climate impacts that already cost communities many hundreds of millions of dollars each year.  Beyond the financial …

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