PERILS raises industry loss estimate for Cyclone Gabrielle to NZ $1.925bn

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Reinsurance News - May 17, 2023

Zurich-based catastrophe insurance data provider PERILS AG has provided a second estimate for Cyclone Gabrielle which brought extreme rainfall and strong winds to the North Island of New Zealand during the period of 11 to 17 February 2023, pegging the total to NZ $1.925 billion. On March 30, it init...

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