Join Jonathan Groves and Dr Joanna Aldridge from QBE as they unpack the science behind New Zealand’s changing climate risks and what they mean for insurers.
New Zealand is at the forefront of integrating climate change into financial reporting, with the 2023 Auckland Anniversary floods and Cyclone Gabrielle underscoring the urgency of understanding future climate risks. Insurers play a crucial role in assessing how extreme weather events may evolve and impact communities.
This session will explore findings from a comprehensive review of scientific studies on New Zealand’s changing risk landscape.
Topics include projected increases in short-duration rainfall, potential shifts in extreme rainfall and ex-tropical cyclones, and evolving coastal and wildfire hazards. The discussion will also highlight key knowledge gaps and opportunities for insurers to drive risk reduction efforts.
Speakers
Jonathan Groves – CEO & Managing Director, QBE New Zealand & Pacific
Dr Joanna Aldridge – Group Head of Catastrophe Research, QBE Insurance