Climate adaptation certainty key to insurance affordability
The insurance industry hopes a climate adaptation framework will stop things like housing developments being consented on flood-prone land, Insurance Council chief Kris Faafoi says.
WATCH: Insurance Council CEO Kris Faafoi speaks with Brent Edwards.
The insurance sector has signalled that giving long-term certainty about climate adaptation is the key to ensuring insurance remains available and affordable in the future.
The Government is expected to make its response today to last year’s Finance and Expenditure Select Committee report on
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