RADAR New Zealand Snapshot
The past year has presented plenty of challenge for the New Zealand insurance sector, with events unbound by global borders shaping the landscape. Climate change, rising inflation and cyber perils are among the top priorities around the world and impacting insurers locally.
In RADAR New Zealand Snapshot, we use the latest data and our market expertise to shed light on the New Zealand general insurance landscape, and assess the patterns, drivers and emerging trends across the industry. Our overview highlights key market movements and explains what they mean for insurers, from the impacts of a global rise in natural disasters and inflation to climate adaptation, regulatory change and cyber risk.
Underpinned by ICNZ and RBNZ figures, as well as research by The Task Force on Climate-related Financial Disclosures and recent Actuaries Institute green paper, we offer insurance insights to help decision-makers build resilience and sustainability for Aotearoa into 2023 and beyond.
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Ross Simmonds
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