News Non-Life20 Sep 2023

New Zealand:2023 climate disaster payouts top US$1.2bn

| 20 Sep 2023

Insurers have so far paid out NZ$2.053bn ($1.22bn) of a newly updated estimate of the cost of general insurance claims for the twin climate disasters of the Auckland Anniversary Weekend floods and Cyclone Gabrielle of $3.5bn across 112,812 claims.

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