Mitigation of climate-related risks makes insurance affordable
It will also keep families and communities safe, Kris Faafoi says.
WATCH: Insurance Council chief executive Kris Faafoi speaks with Brent Edwards.
The Insurance Council says insurance premiums set by insurance companies should not be the only way of signaling to households the risks they face.
In its May Financial Stability Report, which was released last week, the Reserve Bank said insurers were increasingly using risk-based pricing to set
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