The future of insurance seems to be a bit murky, with insurance costs only heading up, meaning more and more people are just not able to afford it.

Australian insurer Suncorp's New Zealand full-year profit fell 30 percent as claims from the floods and cyclone added to rising reinsurance costs and inflation.

Large reinsurance companies have changed their view of how risky New Zealand is, which inevitably means even higher prices for the cover and higher premiums for consumers.

Financial Advice CEO Katrina Shanks joined Mike Hosking to discuss the future and where we may be heading.

LISTEN ABOVE

The future of insurance seems to be a bit murky, with insurance costs only heading up, meaning more and more people are just not able to afford it.
Australian insurer Suncorp's New Zealand full-year profit fell 30 percent as claims from the floods and cyclone added to rising reinsurance costs and inflation.
Large reinsurance companies have changed their view of how risky New Zealand is, which inevitably means even higher prices for the cover and higher premiums for consumers.
Financial Advice CEO Katrina Shanks joined Mike Hosking to discuss the future and where we may be heading.
LISTEN ABOVE

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...