NZ insurers face estimated $3.18bn loss from Auckland floods & Cyclone Gabrielle

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Reinsurance News - Jun 22, 2023

Data from the Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) reveals that insurers face an estimated loss of $3.18 billion from claims arising from the impacts of the Auckland Anniversary Weekend floods and Cyclone Gabrielle in February. So far, $1.08 billion of the total insured...

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