Insured Losses From New Zealand Floods Estimated at $1.02B, With Profit Hit Expected

Share!

Carrier Management - Mar 16, 2023

Insured Losses From New Zealand Floods Estimated at $1.02B, With Profit Hit Expected The initial insured losses for the recent floods in the North Island of New Zealand are estimated at NZ$1.65 billion ($1.02 billion), according to PERILS, the independent ......

Read Full Article

Recommended Articles

CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer

Posted: Feb 19, 2026

CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer Private equity firms EQT AB and Vit...

Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs

Posted: Feb 19, 2026

Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs Munich Re's primary insurance unit ERGO...

Global InsurTech Funding Surges on Record Re/Insurance Investments: Gallagher Re

Posted: Feb 19, 2026

Global InsurTech Funding Surges on Record Re/Insurance Investments: Gallagher Re Investments in glob...