The Treasury has been collecting data on price and availability of residential insurance quarterly since October 2022. Treasury has contracted Finity, an actuarial firm specialising in insurance to collect this information on their behalf. The data collection initially focused on tracking the effect of the October 2022 EQC residential building cap increase. In July 2023, the contract expanded to include tracking effects of increased flood risk pricing.
From March 2024 the frequency of these reports will be switching to annually. We intend on proactively releasing these reports as we get them. Previous reports can be found at Quarterly reports provided by Finity Consulting (OIA-20240086)
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