News Non-Life05 May 2023

New Zealand:Update places insured loss estimate for North Island floods at around US$1.1bn

| 05 May 2023

The industry loss estimate for the floods across the North Island of New Zealand which occurred during the period of 27 January to 2 February 2023 stands at NZ$1,754m ($1,099m), says PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data.

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