Insurers have begun their retreat as climate change bites.

Back-to-back disasters in recent years have pushed insured loss into the billions and forced tough questions about what can still be covered.

Homeowners in flood and coast-exposed areas are starting to see higher premiums, exclusions and even the risk of losing cover altogether.

AA Insurance has gone the extra mile and stopped issuing new home insurance policies in several towns entirely.

So, who will pay when extreme weather keeps coming? Households, insurers, or the Government?

Today on The Front Page, journalist and publisher of The Kākā, Bernard Hickey is with us to explain how climate change is reshaping insurance – and what it means for where and how we live. 

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Editor/Producer: Richard Martin
Producer: Jane Yee

Insurers have begun their retreat as climate change bites.
Back-to-back disasters in recent years have pushed insured loss into the billions and forced tough questions about what can still be covered.
Homeowners in flood and coast-exposed areas are starting to see higher premiums, exclusions and even the risk of losing cover altogether.
AA Insurance has gone the extra mile and stopped issuing new home insurance policies in several towns entirely.
So, who will pay when extreme weather keeps coming? Households, insurers, or the Government?
Today on The Front Page, journalist and publisher of The Kākā, Bernard Hickey is with us to explain how climate change is reshaping insurance &ndash; and what it means for where and how we live.&nbsp;
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Editor/Producer: Richard Martin Producer: Jane Yee

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future.

Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. 

Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future.
Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture.&nbsp;
Subscribe now so you never miss an episode.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Could your home become uninsurable, unbankable and worthless?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/553f157a-de44-41a7-b2d5-b3ec0033e2cf/transcript