IAG Wild Weather tracker, May 2024

IAG, which backs Initio, has shared insights from their latest Wild Weather Tracker.

The May 2024 update provides:

  • An in-depth analysis of significant weather events across New Zealand, highlighting climate impacts on housing, with 90% of New Zealanders seeking flood information when buying homes.
  • A six-month weather snapshot: Nine major storms resulted in 6,712 claims, with Canterbury lodging the most.
  • Weather-related claims percentages across NZ.
  • Insights into understanding insurance premiums.
  • The interplay between wild weather and the housing market: House claims made up 62% of weather-related claims.
  • Natural hazard risk research.
  • Preparation tips for extreme weather.

This report aims to keep you informed about current weather trends and their potential implications. Stay prepared and updated with comprehensive weather tracking.

For more details, visit IAG Weather Tracker.