PERILS’s second estimate shows New Zealand North Island flood industry loss of NZ $1.75bn

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Reinsurance News - May 03, 2023

Catastrophe loss data aggregator PERILS AG has provided a second estimate of the insurance and reinsurance market loss from the severe flooding that impacted the North Island of New Zealand from January 27th to February 2nd, pegging the total at NZ $1.75 billion. On March 15, it initially estimated...

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