TransportTalk July 2023

Weather and Inflation Batter Insurance Market

(Originally published in TransportTalk) We all know that the weather in Aotearoa can be unpredictable. Claims analysis by our largest insurer IAG New Zealand, which owns State Insurance, AMI Insurance and NZI Insurance, shows there were 10 significant weather events between September 2022 and March 2023. The 10 events combined saw 41,596 claims lodged with…