We are proud of our enduring partnership with WSP in New Zealand. Together, we've published 11 compelling reports, with the latest being "Premiums Under Pressure" released on 10 November.
Home insurance premiums in Aotearoa New Zealand have faced steep increases over the past few years. Premiums are expected to rise further over time as more insurers move to adopt ‘risk-based pricing’ for flood hazards and as the impacts of climate change increase, pushing up costs for insurance companies and their international underwriters. Without effective policy measures, these pressures will result in unaffordable premiums for some properties, leading households to reduce, or cancel, their insurance coverage.
This report sets out early thinking on options for a thorny and pressing policy issue that has not yet been well developed in the literature: how to keep residential insurance accessible and affordable in Aotearoa New Zealand in the face of increasing climate-related challenges.
Since 2019, WSP has partnered with Mahi a Rongo | The Helen Clark Foundation to produce evidence-based reports that draw on global research, tailored specifically to address New Zealand’s most critical societal and infrastructure challenges.
Our diverse range of reports caters to everyone passionate about advancing our infrastructure, climate, and social development, with themes including climate change, funding and financing, city design, and resilience.
Dive into a report today: https://bit.ly/3BJvcyV #WSPandHCF
