Perils puts industry loss estimate for New Zealand floods at $1bn
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Perils puts industry loss estimate for New Zealand floods at $1bn

Aisling Finn
15 March 2023
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Perils, the industry-wide catastrophe insurance data provider, has estimated the total loss for the floods on the North Island of New Zealand at NZD1.65bn ($1.02bn).

The estimate is based on loss data collected from most of the New Zealand insurance market and covers the property line of business.

The

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