I attended the Tuesday Club this week to hear Melissa Heath talk about the current state of insurance and re-insurance in New Zealand. She had some sobering facts and figures for us about the impact of the earthquakes and on our ability to obtain and retain insurance. According to Melissa, we are living in an incredibly high-risk environment – the Alpine fault could crack at any time, we are at constant risk of major weather events, sea-level rise, and Tsunamis. I’m not sure how she gets through the day with all this in her head!
I’ve posted the video of Melissa’s talk below. It’s depressing, but in my view, essential information for anyone who lives near a fault line or coastline (i.e. everyone in New Zealand).
You can read more about Melissa at her company website Residential Risk Assessment.