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Tag: Cyclone Gabrielle

Capital and Risk, Insurance

Insured Losses From N. Zealand Floods Estimated at US$1.02B, With Profit Hit Expected

March 15, 2023

Via: Insurance Journal

The initial insured losses for the recent floods in the North Island of New Zealand are estimated at NZ$1.65 billion ($1.02 billion), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. Losses incurred so far in […]