Over NZ$1bn in claims expected for Auckland anniversary weekend flood event
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Over NZ$1bn in claims expected for Auckland anniversary weekend flood event

flood money.jpg

Insurers expect to pay more than NZ$1bn ($621.5mn) in insurance claims for the Auckland Anniversary Weekend flood event, according to provisional data released by the Insurance Council of New Zealand (ICNZ).

In total, around 48,000 claims have been lodged for the event to date.

ICNZ chief executive Tim Grafton said: “While it is still early days, around $111mn of insurance support has already been paid into communities as part of what...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article