Insurance affordability is fast becoming one of the defining issues of this decade for insurers, regulators and customers across Australia and New Zealand.

1. NZ Government Launches Insurance Affordability Review

In New Zealand, the government has announced a focused review into residential insurance affordability, with findings due mid-2026. The concern driving reform is the visible deterioration of affordability.

Residential premiums have increased at three times the rate of general CPI since 2011, including a 40% rise in the past two years alone.

A proposed increase to the Natural Hazards Commission levy, from 16 cents to 24 cents per $100 of cover, has been paused to avoid compounding household pressure during the review. Read the full resource →

2. Australia Examines Small Business Insurance Pricing

In Australia, submissions to the inquiry into the regulation and pricing of modern insurance products for small businesses close on 6 March.

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