Topics tagged with 'Insurance'
More in: Insurance
Media round-up
29 Aug 2025
In our round-up of climate coverage in local media: Changes to road user charges will increase New Zealand's emissions; Climate Change Minister Simon Watts promises better access to hazard data for homeowners; and Kiwis borrow over $1 billion in ‘green loans’ for heat pumps and electric cars.
Rising cost of insurance prompts call for action on affordability and climate risks
27 Aug 2025
Media release | Consumer NZ releases a sobering report that highlights how house insurance is becoming increasingly out of reach for New Zealanders.
Media round-up
22 Aug 2025
In our round-up of climate coverage in local media: The climate advice the government didn't want you to see; New Zealand's groundbreaking climate law has become ‘a shell’; and could the Electricity Authority be about to inadvertently increase power prices?
Nearly half of Kiwi in the dark about risks facing their homes
22 Aug 2025
Media release – Tower | As weather events become more frequent and extreme its important people have information about the risks that could affect their property.
Media round-up
15 Aug 2025
In our round-up of climate coverage in local media: Australia could be about to leapfrog New Zealand on climate targets; 'strangled' rivers are fighting back; and 10 rangatahi will join Aotearoa New Zealand’s delegation at the United Nations' major climate conference in Brazil.
Why insurers worry the world could soon become uninsurable
11 Aug 2025
Top insurers fear the climate crisis could soon outpace industry solutions, effectively threatening to make entire regions around the world uninsurable.
Insurers call for stronger direction on reducing natural hazard risk
8 Aug 2025
Media release | The Insurance Council of New Zealand | Te Kāhui Inihui o Aotearoa (ICNZ) is urging the Government to provide stronger national direction to better manage natural hazards risks like flooding and landslips and avoid developments in high-risk areas.
Insurers need to get ready for the next climate-fuelled disaster: FMA
6 Aug 2025
Insurers need to do more to improve their claims processes and services as climate-driven disasters increase in frequency and severity, according to the Financial Markets Authority.
Climate catastrophes are creating a ‘new market reality’ for insurance carriers
23 Jul 2025
Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.
‘Significant gaps’ in proposed approach to climate adaptation
10 Jul 2025
A new report into climate adaptation doesn’t suggest how development in high-risk areas should be avoided - an issue that needs urgent action with thousands of homes still being built in hazardous areas, according to the Environmental Defence Society.
90% of NZers expect more extreme weather disasters because of climate change
23 Jun 2025
A new climate change poll from AMI, State, and NZI shows New Zealanders are expecting more extreme weather events as a result of climate change.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
Three-year flood map legal dispute ends in win for landowners
13 May 2025
By Alisha Evans, Local Democracy Reporter | Tauranga property owners have had a “significant win” after the council agreed to update flood maps, a developer says.
Commissioner calls on govt to better manage economic risks of climate change
12 May 2025
Climate change is creating an inevitable liability for the government which needs to be understood and managed, according to the Parliamentary Commissioner for the Environment.
Most Kiwis anxious over extreme weather events
9 May 2025
More than half of all New Zealanders are worried about storms, heavy rainfall and flooding as New Zealand faces continued wild weather events.
An insurance crisis compounded by climate change threatens the broader economy
5 May 2025
One expert speaking at a forum on insurance and housing says climate change could soon mark a “death spiral” for the financial industry in parts of the country.
New Plymouth consults on managing climate impacts
17 Apr 2025
With severe storms, coastline erosion, landslides, droughts and other extreme weather events on the rise over the past decade, New Plymouth District Council is looking at ways to manage the impacts of climate change.
Climate crisis on track to destroy capitalism, warns top insurer
7 Apr 2025
The climate crisis is on track to destroy capitalism, a top insurer has warned, with the vast cost of extreme weather impacts leaving the financial sector unable to operate.
Extreme weather could lead to financial disaster for ordinary New Zealanders
28 Mar 2025
A rise in extreme weather events due to climate change could result in financial disaster for many New Zealanders, according to a credit risk consultancy.
Govt needs to plan for catastrophes
Thu 25 Sep 2025
Media release - Otago University | Two thirds of New Zealanders support the idea of the Government developing specific plans to deal with catastrophic risks, such as a Northern Hemisphere nuclear war or the release of a bioengineered infectious disease, University of Otago research has found.
Media round-up
Fri 26 Sep 2025
In our round-up of climate coverage in local media: Winston Peters drops a "truth bomb" about big emitters at UN function; why fixing our ‘broken’ electricity market is such a formidable challenge; and should New Zealand follow Australia’s lead on responding to its climate risk assessment?
NZ needs to be part of a regional SAF strategy: Z, Air NZ
9 Sep 2025
By Pattrick Smellie | New Zealand needs to be part of a regional strategic approach to sourcing sustainable aviation fuel (SAF), with domestic production less the aim than ensuring access to the fuel from one of a number of strategically positioned bio-refineries around the world.
Aviation industry pressures govt over SAF
Mon 22 Sep 2025
By Pattrick Smellie | A heavy-hitting new group representing global aeroplane manufacturers, airlines, airports and the domestic energy supply chain has been formed to pressure the government over New Zealand’s lack of policy on sustainable aviation fuel.
From nuisance to crisis: New report on pest wasps In Aotearoa
Wed 24 Sep 2025
Media release: Moths and Butterflies NZ Trust | Just published is the Final Report of the Pest Wasps Survey carried out by the Moths and Butterflies of NZ Trust (MBNZT) offering a comprehensive look at New Zealanders’ awareness, experiences, and attitudes toward wasps and the growing ecological, health, and social issues associated with them.
Researchers say sealing old oil wells with bio-oil from crop waste is a dual carbon-removal solution
19 Sep 2025
A new analysis shows that oil made from corn husks, wood chips, and other waste could plug greenhouse gas-belching abandoned oil wells while sequestering carbon for about $152 per ton.
Carbon price steady after failed quarterly auction
16 Sep 2025
By Liz Kivi | The carbon price has continued to trade in its familiar moribund range in the high $50s following last week’s failed quarterly auction, with ample supply still trading on the secondary market at about $10 below this year’s $68 auction floor.
Chris Bowen meets Turkey’s first lady as lobbying to hold Cop31 intensifies
Fri 26 Sep 2025
Climate minister, who is trying to persuade Turkey to allow Australia to host the summit, appears with Emine Erdoğan at New York event.
No bidders front to carbon auction - again
10 Sep 2025
By Liz Kivi | Today’s quarterly carbon auction was a non-event yet again, making it the third consecutive auction this year with no bidders, with the secondary market price still limping along at nearly 20% below the auction floor.
Genesis inks coal deal for domestic supply at Huntly
Tue 23 Sep 2025
Genesis Energy will increase domestic coal supplies for Huntly Power Station under a new deal with BT Mining.
The merchants of doubt are back
3 Sep 2025
OPINION: If you don’t follow climate policy closely, you might not know that the Trump administration is launching an effort to overturn one of the most fundamental pillars of American climate policy.
Milestone for NZ Steel electrification
10 Sep 2025
By Pattrick Smellie | NZ Steel has passed an installation milestone for its new electric arc furnace, which will reduce emissions from the Glenbrook steel mill site by as much as one megatonne (1Mt) a year.
UN limits staff at COP30 climate summit over accommodation concerns
19 Sep 2025
High hotel prices for Brazil's COP30 climate summit in November have prompted the United Nations to urge its staff to limit attendance, while government delegations are still scrambling to find rooms within their budgets.
Watts not considering removing electricity from ETS
16 Sep 2025
Energy and Climate Change Minister, Simon Watts, says he is “not currently considering” removing electricity generation from the Emissions Trading Scheme, as proposed by NZ First Minister Shane Jones.
Govt opens all of NZ for new oil and gas exploration
Fri 26 Sep 2025
By Liz Kivi | Fossil fuel companies can once again apply for new prospecting and exploration permits beyond onshore Taranaki for the first time since the previous government’s 2018 ban, in a move welcomed by the sector but slammed by environmental groups.
New report reveals 'shocking' kelp forest loss
Mon 22 Sep 2025
New Zealand’s underwater kelp forests are vanishing at pace, with a new Fisheries New Zealand report finding more than a third of the north-east coastline has shifted to kina barrens.
Emails show forestry lobby fought Gisborne crackdown as slash clean-up drags on
Fri 26 Sep 2025
By Shannon Morris-Williams | Sustainable land use advocates are accusing Eastland Wood Council of stonewalling efforts to tighten forestry rules, after correspondence between the group and the local council was released under the Official Information Act.
Declining sea-ice is altering Antarctic food webs
11 Sep 2025
A new study shows a significant change in Antarctic phytoplankton over time that could cascade through the marine food web and affect the ocean’s capacity as a carbon sink.
EU proposes delaying anti-deforestation law, again
Thu 25 Sep 2025
The European Commission has proposed pushing back the European Union Deforestation Regulation for another year, to December 2026, citing concerns that its IT system is not yet ready to handle the demands that the regulation would place on it.
Gas makes a comeback at Climate Week
Thu 25 Sep 2025
At a number of events on Tuesday, senior officials made a case for gas as essential for energy security and a buttress to renewables
RMA to speed up fossil fuel consents
18 Aug 2025
By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”
More Kiwi households turn to solar as energy costs mount
Wed 24 Sep 2025
Rising power prices are driving more households to consider switching to solar, with nearly half of New Zealanders considering installing solar panels or already having them installed, according to new research.
KiwiRail unveils carbon reduction plan
Thu 25 Sep 2025
KiwiRail has released its first carbon reduction plan with a target of reducing emissions by 40% in the next decade and to reach net-zero carbon by 2050.
Media round-up
5 Sep 2025
In our round-up of climate coverage in local media: The great methane debate; law change scuppers legal challenge to irrigation scheme consent; and what are the energy and climate implications of the $7.5 billion Amazon Web Services data centre deal?
Coal imports up 650%
12 Sep 2025
By Shannon Morris-Williams and Liz Kivi | Coal imports are up 650% as generators stockpile the most polluting fossil fuel ahead of next winter.
Hiringa eyes green methanol plant near Whanganui
29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Exxon and Shell sue the Netherlands in secret tribunals for closing Europe’s biggest gas field
19 Sep 2025
Following billions in profits and over a thousand gas extraction-related earthquakes, the oil and gas giants filed claims against the Dutch state in four separate investor-state disputes concerning compensation for home damages and the permanent closure of the Groningen gas field.
'Non-negotiable' – EU carbon pricing to hit Kiwi exporters, expert warns
11 Sep 2025
By Shannon Morris-Williams | High carbon exports will inevitably face a high carbon tax at the EU border, possibly in the next five years, and high methane agricultural products might not be exempt, an international expert told a local audience yesterday.
‘Con,’ ‘scam,’ ‘hoax’: Trump’s UN speech on climate
Wed 24 Sep 2025
The president used a large chunk of his hour-long speech to world leaders to condemn climate science and clean energy policies.
Govt considers cutting Climate Commission’s role
Mon 22 Sep 2025
By Liz Kivi | The Government is weighing up cutting the Climate Change Commission’s role of advising on emissions reduction plans, a move that legal experts say could increase the risk of litigation.
NZ's latest climate target 'weak' – Climate Action Tracker
24 Jun 2025
By Shannon Morris-Williams | New Zealand's new international climate target to 2035 is weak, and could even allow for higher emissions than the 2030 target, according to a global scientific project that tracks government climate action.
Bay of Islands treasures under threat – New EDS case study points towards practical solutions
Tue 23 Sep 2025
Media release | The Environmental Defence Society has released its latest oceans reform case study: Caring for Te Pēwhairangi – Bay of Islands, highlighting the extraordinary natural and cultural values of the Bay of Islands and the urgent need to address the serious environmental degradation occurring there.
‘Beyond embarrassing’ – Peters’ Paris remarks draw fire for talking down Pacific climate diplomacy
Fri 26 Sep 2025
By Shannon Morris-Williams | Foreign Minister and NZ first leader Winston Peters says he wants to revisit the Paris Agreement with Pacific leaders because some may be unaware of how it’s structured.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Alarm over new West Coast hazard zones
Wed 24 Sep 2025
By Lois Williams, Local Democracy Reporter | Council and iwi leaders agonising over the West Coast ‘One Plan’ have tackled what planners describe as its most complicated and emotive chapter -- the one on Natural Hazards.
Students repeat request for Victoria University to divest from fossil fuel investments
Wed 24 Sep 2025
Media release | A group of students campaigning for climate action at Victoria University of Wellington have dropped a banner protesting against the university’s lack of action on its 2014 commitment to divest from fossil fuels.
Straterra has a new name: the New Zealand Minerals Council
16 Apr 2025
Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.
China's new target unlikely to drive down emissions
Fri 26 Sep 2025
Media release - Climate Action Tracker | China’s new 2035 climate target, announced at the UN, marks a shift from emission and energy intensity targets to setting absolute emission reduction targets for the first time.
Solar households to get little-noticed tax break
Tue 23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
EV batteries could power NZ's grid – study
Thu 25 Sep 2025
By Shannon Morris-Williams | EV batteries could ease peak demand by exporting power back to homes and the grid, with large potential cost savings for EV owners and electricity consumers, according to a new study.
Echo Tech secures growth investment to tackle NZ's e-waste crisis
15 Sep 2025
Media release | Echo Tech Limited, New Zealand’s leading provider of e-waste recycling and IT asset recovery services, is proud to announce a strategic investment from growth equity firm Altered Capital.
La Niña set to prolong NZ hydro shortfall
9 Sep 2025
By Shannon Morris-Williams | With La Niña favouring a drier-than-normal spring across much of the South Island, hydro lakes are unlikely to recover without substantial rain and late snowmelt – keeping national storage levels below average.
Record UK wildfires have burned an area twice the size of Glasgow in 2025
12 Aug 2025
Wildfires have scorched more than 40,000 hectares of land so far this year across the UK – an area more than twice the size of the Scottish city of Glasgow.
Trump administration moves to revoke permit for Massachusetts offshore wind project
Wed 24 Sep 2025
The Trump administration has moved to block a Massachusetts offshore wind farm, its latest effort to hobble an industry and technology that President Donald Trump has attacked as “ugly” and unreliable compared to fossil fuels such as coal and natural gas.
