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What initiatives, if any, does the Minister consider are "necessary" when it comes to affordability of insurance for kiwi consumers? and 1 other question

Answered 4687, 4694 (2026)
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Asked by

Arena Williams

Member for Manurewa · Labour Party

Questions

  • 4687

    What initiatives, if any, does the Minister consider are "necessary" when it comes to affordability of insurance for kiwi consumers?

  • 4694

    What "initiatives", if any, is the Minister considering regarding insurance?

Answered by

Hon Scott Simpson

Member for Coromandel · National Party · Minister of Commerce and Consumer Affairs

Answer

The Government invited the Council of Financial Regulators agencies to gather information on the drivers of residential insurance pricing and affordability and the impact of recent price increases on consumers. Officials will report to ministers in mid-2026. Depending on the findings, further work may be undertaken to explore a policy response.