News Non-Life16 Mar 2023

North Island floods cause record insured losses of US$1.03bn for New Zealand

| 16 Mar 2023

PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, has stated that the floods in North Island in New Zealand, during the period of 27 January to 2 February 2023, have led to the costliest weather event for the region's insurance industry to date.

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