$2 billion in claims paid after Auckland floods and Cyclone Gabrielle - Stuff.co.nz
Insurers making 'good progress' but expect claims to pass $3.5b.
Insurers making 'good progress' but expect claims to pass $3.5b.
stuff.co.nz /
Article / 16 days ago
Insider in Full: International loss-creep may be low-cost, but it will reverberate into 1.1
Catastrophe loss-creep to the order of 30% might not seem like the type of incident to fly under the (re)insurance industry radar, but in the case of small-scale international losses, this is just what can happen...
Catastrophe loss-creep to the order of 30% might not seem like the type of incident to fly under the (re)insurance industry radar, but in the case of small-scale international losses, this is just what can happen...
Article / 1 month ago
Turkey and Syria Earthquakes Drive Nearly Half of Economic Losses from Global Catastrophes in First Half of 2023
Global insured losses were fourth highest on record at $53 billion , elevated by U.S. severe...
Global insured losses were fourth highest on record at $53 billion , elevated by U.S. severe...
PR / 2 months ago
Global Catastrophe Recap First Half of 2023
The first half of 2023 saw elevated disaster losses, with the fifth highest economic impact on record and the highest since 2011...
The first half of 2023 saw elevated disaster losses, with the fifth highest economic impact on record and the highest since 2011...
Report / 2 months ago
Insurers pay over one-third of $3.18bn NZ floods & Cyclone Gabrielle claims: ICNZ
According to the Insurance Council of New Zealand, insurers have now paid $1.08 billion of an estimated $3.18 billion of claims after the two climate...
According to the Insurance Council of New Zealand, insurers have now paid $1.08 billion of an estimated $3.18 billion of claims after the two climate...
Article / 3 months ago
Cyclone Gabrielle: Rural insurer pays out more than $120 million in claims so far - RNZ News
FMG has settled nearly half of all Cyclone Gabrielle-related claims...
FMG has settled nearly half of all Cyclone Gabrielle-related claims...
rnz.co.nz /
Article / 3 months ago
Cyclone Gabrielle industry loss estimate raised 25% to NZ $1.925bn by PERILS
The insurance and reinsurance industry loss estimate for Cyclone Gabrielle’s impacts in New Zealand has been lifted by 25% to NZ $1.925 billion by PERILS...
The insurance and reinsurance industry loss estimate for Cyclone Gabrielle’s impacts in New Zealand has been lifted by 25% to NZ $1.925 billion by PERILS...
Article / 5 months ago
New Zealand: Govt allocates US$62.5m for flood protection
The government has announced a flood and cyclone recovery package of around NZ$1bn ($625m) as part of Budget 2023 that covers the basics of rebuilding...
The government has announced a flood and cyclone recovery package of around NZ$1bn ($625m) as part of Budget 2023 that covers the basics of rebuilding...
Article / 5 months ago
New Zealand pledges $720 mln for cyclone and flood recovery - Reuters
The New Zealand government said on Sunday it was allocating NZ$1.1 billion ($720 million) to help communities recover from a cyclone and floods that lashed the country this year.
The New Zealand government said on Sunday it was allocating NZ$1.1 billion ($720 million) to help communities recover from a cyclone and floods that lashed the country this year.
reuters.com /
Article / 5 months ago
Hawke's Bay horticulture industry needs hundreds of millions in govt support to 'grow back better' from cyclone - Stuff.co.nz
Having to lobby the Government for small pots of money over and over again in the coming years will be distracting, disruptive and ultimately ineffective...
Having to lobby the Government for small pots of money over and over again in the coming years will be distracting, disruptive and ultimately ineffective...
stuff.co.nz /
Article / 5 months ago
