Why insurance is getting more expensive

Insurance premiums have doubled in the past decade, concerning the regulator. How are the major insurers actually assessing risk?
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00:00 - Intro
00:43 - Insurance increases
03:20 - Interview with IAG director Scott Pickering
05:33 - Risk-based pricing
08:45 - Risk v Reward
13:10 - Inflated premiums
18:31 - Insurance availability
20:54 - Competition
21:37 - Underwriters
23:43 - Reinsurance
31:23 - ACC stories
33:01 - Outro
Videography / Editing | Cameron Pitney
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[@someaccount-mp4tk]

Quality content, filling a huge gap / desire for this level of journalism. Please keep this series going, it's so good to see!

[@karladavidsonbrown9298]

Thanks Madison and Scott; good, insightful kōrero.

[@harryflorentine2870]

Intriguing & insightful interview Madison, future of insurance will be interesting to how it plays out with increasing premiums becoming unaffordable.

[@MarketsWithMadison]

This episode has been a long time coming - I was waiting to find someone who could have an honest discussion about how insurers operate. I'm so glad Scott did this interview! I hope this answered any questions you have about insurance, it certainly did for me. Drop any thoughts in the comments.

[@technopirate5050]

Yea like others have said you do a great interview, hard questions no holding back, that's how we can get to understand the topic cheers

[@mattbhere]

One of New Zealand’s finest journalists. The media landscape would be in a totally different space if there were more Madison’s around. Keep it up!

[@MarketsWithMadison]

You've made my week Matt! Thanks for watching.

[@grahamcook9289]

You've gotta say fish & chips at least once. Go on, slip it in a video.