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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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Hamish McNicol Tue, 28 Feb 2023
Contact the Writer: Hmcnicol@nbr.co.nz
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Managed retreat debate needed now, Tower chair Stiassny says
Investment,
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