{"id":166436,"date":"2025-12-03T18:14:08","date_gmt":"2025-12-03T18:14:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/166436\/"},"modified":"2025-12-03T18:14:08","modified_gmt":"2025-12-03T18:14:08","slug":"whats-happening-in-the-new-zealand-insurance-market","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/166436\/","title":{"rendered":"What\u2019s happening in the New Zealand insurance market?"},"content":{"rendered":"<p>Claims experience supports soft conditions<\/p>\n<p>Gallagher reports that, despite notable spring weather events, New Zealand\u2019s aggregate claims volumes and values remain below longer-term expectations in several classes. This is broadly consistent with global experience. From the first to the third quarter of 2025, global natural catastrophe insured losses were about US$105 billion, the lowest level since 2019 and below the 10-year rolling average of US$114 billion for the same period. This figure includes the California wildfires early in the year, which alone generated an estimated US$40 billion of insured losses, and reflects quieter-than-forecast tropical cyclone activity in the Atlantic and Pacific.<\/p>\n","protected":false},"excerpt":{"rendered":"Claims experience supports soft conditions Gallagher reports that, despite notable spring weather events, New Zealand\u2019s aggregate claims volumes&hellip;\n","protected":false},"author":2,"featured_media":166437,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[108633,17664,108632,111,43,139,69],"class_list":["post-166436","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-zealand","tag-claims-volumes","tag-insurance-market","tag-insured-losses","tag-new-zealand","tag-news","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/166436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=166436"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/166436\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/166437"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=166436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=166436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=166436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}