Perils raises insured loss estimates for New Zealand floods by 18%

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Business Insurance - Aug 04, 2023

Swiss catastrophe data provider Perils AG has increased its insured and reinsured loss estimates for the severe flooding that affected the Auckland region between Jan. 27 and Feb. 2, by 18% to $2 billion New Zealand ($1.21 billion), Artemis reported. The company said that the industry loss figure is...

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