Managed retreat debate needed now, Tower chair Stiassny says
But Tower ‘deeply concerned’ about further cross-subsidisation of risk.
There are some areas in New Zealand that should not be rebuilt in or that will become uninsurable and we need to have a debate about managed retreat now, Tower chair Michael Stiassny says.
But he said the listed insurer would be “deeply concerned” to see additional levies or increases that would
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