News Non-Life14 Dec 2020

New Zealand:Coastal homes expected to face full insurance retreat by 2050

| 14 Dec 2020

A relatively small increase in sea level rise will likely cause at least partial insurance retreat within only 15 years for the vast majority of coastal residential properties at risk of floods, according to a new report. By 2050, most homes in such locations are likely to have experienced full insurance retreat.

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