News Non-Life11 Nov 2024

New Zealand:Nat CAT could lead to "insurance retreat" leaving thousands of properties unprotected

| 11 Nov 2024

An estimated 10,000 coastal properties in Auckland, Wellington, Christchurch, and Dunedin could become uninsurable by 2050 due to coastal erosion and inundation. Properties located in flood prone areas inland are similarly at risk, according to a report by the Helen Clark Foundation and engineering consultants WSP.

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