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Questions for RNZ and the Insurance Industry

24/07/2018

RNZ Headlines

Insurance giant raises premiums for disaster-prone areas

? 1

Insurance is about risk, normally premiums reflect the risk,so why has this not been the case?

?2

Reinsurers have always priced for risk, normally insurance companies do so as well. What makes NZ different?

?3

Why is RNZ questioning the logic of insurers in NZ doing this?

?4

Why is RNZ implicitly attacking the insurance companies for a perfectly rational decision?

?5

Why have NZ consumers in low risk areas been subsidising high risk areas?

?6

Why is RNZ not asking the right questions?

 

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