NZ Earthquake Commission lifts reinsurance cover 12.5% to NZ$7bn
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NZ Earthquake Commission lifts reinsurance cover 12.5% to NZ$7bn

Alex Frampton
03 June 2021
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The New Zealand Earthquake Commission (EQC) has increased the size of its reinsurance treaty at renewal, securing just under NZ$7bn ($5.1bn) in cover, up 12.5% year on year from 2020.

Total premium spending on the protection went up by 11%, which EQC CEO Sid Miller called “good value” for the government and New Zealanders.

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Topics

AonRenewalsRe/insurersNews
AF
Alex Frampton
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