New Zealand's reinsurance problem

From Nights, 10:18 pm on 17 July 2024

Parliament's Finance and Expenditure Committee has been warned that New Zealand's recent history of major natural disasters has made global reinsurers reassess the country's risk profile.

To explain, Emile Donovan is joined by the former chief executive of EQC, David Middleton ONZM.

Shane Fell says the floodwater left more than 500 tonnes of silt on the property.

Shane Fell says the floodwater left more than 500 tonnes of silt on the property. Photo: Supplied