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Editorial: Need for change reaches high-water mark


EDITORIAL: You have been warned: The tides and times are a-changing; they have brought us to a crossroads.

That, in a nutshell, was the message from IAG insurance spokesman Bryce Davies, when asked about the possible impacts of climate change for both homeowner and insurer in this country.

It is the clearest signal yet, if indeed one were needed, that climate change is real (sorry, President Trump) and is going to have an increasingly significant impact, not only on insurance premiums but the very existence of some communities hugging the lines of coast and river of New Zealand. Read more