New Zealand extreme weather claims hit $26.08m in July

Three extreme weather events triggered 6,266 claims for the month.

Extreme weather events in July triggered 6,266 claims, totalling $26.08m (NZ$43.7m), according to the claims data released by the Insurance Council of New Zealand (ICNZ).

ALSO READ: Hong Kong consumers are ‘moderately literate’ in insurance: study

“Extreme weather continues to hit Aotearoa New Zealand’s communities hard. We must act now to increase resilience and so lessen the impact of climate change on our way of life. This is not just about those things typically covered by general insurance such as our homes, vehicles and businesses. We also need to protect our infrastructure, environment and general way of life which is all too easily disrupted by climate-driven extreme weather events,” ICNZ Chief Executive, Tim Grafton said.

The extreme weather claims in July bring the total for 2022 to $146.21m (NZ$245), more than half of the record-breaking $193.35m (NZ$324m) in all of 2021. Claims data for August extreme weather-related claims will be released at the end of September.

Follow the link for more news on

Insurance Council of New Zealand

Also Read

FWD Philippines targets gamer insurance gaps

Korean construction insurer maintains strong capital

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit