Thanks!!

I know, I work in this area

Pretty similar story

Yeah just money donated

Inspired by @seawall.bsky.social 😊😊

Glad you liked it. Insurance affordability IS a problem (actually a pretty big one in Australia and one that's getting worse) but it's a symptom, not the real problem, which is risk. You have to solve the underlying problem, not just the symptom.

Noooo but this is a very interesting idea!

Exactly 😆😆

Hard to say but a hard RI market is a big factor that is impacting insurance prices globally. It's also pretty easy for reinsurers to diversify away NZ catastrophe risk (compared to, say, Florida) so arguably we might be less impacted by the impact of natural disasters on RI than other countries

I think this is true for earthquake but not other perils like flood, where we are arguably a bit behind than other countries. And it's not just about understanding the risk for EQ, its's also about the impact of EQC offering cover to everyone at fairly affordable prices