Tim Grafton
Surge in household insurance 'unusual' says Insurance Council
The head of the Insurance Council has described the surge in household insurance premiums as "unusual".
RNZ has revealed that household premiums have jumped by more than 30 percent in a year in some… Audio
Communities may need to be moved out of harm's way to adapt to warming climate
Insurers want New Zealand to show the world how to safely move communities out of harms' way, as the country adapts to the changing risks of a warming climate.
It's roughly a year since Cyclone… Audio
Insurance costs raised by up to 20 percent says Insurance Council
The Insurance Council says the cost of insurance in New Zealand has risen by between 12 and 20 percent in the past year.
Figures released by Stats NZ on Wednesday, show that inflation has slowed to… Audio
Are stubborn insurance cost rises the new norm?
Latest inflation data from Stats NZ shows insurance premiums are soaring, but is this simply the new norm? Home insurance premiums in the quarter to September are up by more than a fifth year-on-year… Audio
Community assets at the mercy of the elements
Insurance premiums jumping by as much as 50 percent in a year has forced some councils to reprioritise what assets to protect. The increase has meant some memorial halls - the heart of rural… Audio
Insurance Council welcomes new cyclone recovery plan
The Insurance Council is welcoming the Government's proposal to fund residential recovery in the wake of the Auckland floods and Cyclone Gabrielle.
So far, there have been more than 100-thousand… Audio
Cyclone Insurance claims hit almost $9mil
Provisional numbers of insurance claims from Cyclone Gabrielle have hit $890 million.
The Insurance Council of New Zealand says over 40-thousand claims have been made, a third of which have come from… Audio
Insurers preparing for flood-related claims in Auckland
Many of those affected by the wild weather raging across the North Island have begun to take stock of the damage.
Homes have been washed away or buried under slips, cars have been submerged and… Audio
Flood prone communities identified: what does this mean for insurance cover?
More heavy rain is hitting the West Coast this morning putting residents on alert. The Coast is among 12 regions identified in a government report where some communities are at the most risk of… Audio
Building costs going up - check insurance covers a rebuild
There's been a 9.6 percent rise in home building costs over the past year, a record according to the Construction Cost Index.
For homeowners, that could mean their home insurance wouldn't be enough… Audio
Large number of flood damage insurance claims expected
Insurance companies are expecting a large number of claims from flood-torn areas in the Nelson-Tasman region.
Hundreds of homes are still awaiting assessments in Nelson alone, with nine already… Audio
Are insurers the reason for landlords doing flat inspections?
Private landlords say they don't necessarily want to conduct frequent intrusive inspections of rented properties, but rigid insurance policies require it. Landlords and property managers who take out… Audio
Worries over Wellington construction flaws and quake risks
Commercial property owners in Wellington are worried they may be stuck with office towers no-one wants to rent or insure.
There are now about 150 buildings in the CBD which share the same… Audio
Insurer on upcoming sea level rise
New projections out this morning show there will be a 30-centimetre sea level rise along much of the coastline in the next 10 to 20 years.
That will of course have huge ramifications for insurance… Audio
Home underinsurance risks grow as building costs climb
The rising cost of building materials may leave home owners in the lurch as the risk of under-insurance throughout New Zealand grows.
Most residential home insurers use a fixed sum policy, meaning… Audio
Record annual insurance payout for extreme weather claims
2021's extreme weather events have cost insurers and policy holders a record $304.9m so far this year. From May's flooding in Canterbury to a tornado in Auckland in June, flooding in July and August… Audio
Covid-19: Omicron reason for travellers to be wary - insurers
The Insurance Council says the new Covid-19 variant Omicron means travellers should be more wary than ever when booking trips.
It says it's essential to check with insurers what is and isn't covered… Audio
Insurance will be tricky for overseas travel in 2022
Travel and insurance agents are sending a warning to book overseas travel for 2022 at your peril with the Omicron variant on the scene and travel insurance unlikely to provide cover for any extended… Audio
The Panel with Caroline Daley and Chester Borrows (Part Two)
Panellists Caroline Daley and Chester Borrows on keeping Covid out of our prisons, regulating the insurance sector, and the money we lose on 'Lazy Tax' Audio