Insurance chief calls for funding solutions for managed retreat

Thursday 29 October 2026 · 2 outlets · 2 reports · updated Thu 29 Oct, 10:17am

In this story Stats NZ, Tower Insurance

Tower Insurance chief executive Paul Johnston says New Zealand must find creative ways to fund the relocation of homes from climate-vulnerable areas. He noted that insurance spending has increased by approximately one third and urged for more action to protect communities from climate risks.

How they headlined it

9:47am10:17am

1. RNZThu 29 Oct, 9:47am

   Insurance boss wants creative solutions to fund managed retreat (opens in new tab)

2. Otago Daily TimesThu 29 Oct, 10:17am

   Creative solutions sought to pay for climate-driven managed retreat (opens in new tab)