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Insurance Council Urges Urgent Action on Climate Adaptation

2/5/2025

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Summary

Story summary

The Insurance Council of New Zealand (ICNZ) champions the government's initiative for a Climate Adaptation framework, urging swift action against climate change threats. Chief Executive Kris Faafoi highlights the urgency of preventing development in vulnerable zones and boosting disaster readiness to safeguard communities and ensure the stability of insurance markets in the face of escalating natural disasters.

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Story summary

The Insurance Council of New Zealand (ICNZ) champions the government's initiative for a Climate Adaptation framework, urging swift action against climate change threats. Chief Executive Kris Faafoi highlights the urgency of preventing development in vulnerable zones and boosting disaster readiness to safeguard communities and ensure the stability of insurance markets in the face of escalating natural disasters.