Insurance Australia Group expects as much as NZ$1 billion more in final claims from the 2010 and 2011 Canterbury earthquakes due to an increase in forecast rebuild costs and a number of adverse court judgments.
The rest of this article is locked for subscribers only. Please use your personal login at the link below to continue reading.
If you don't have a personal login, you will need to purchase a subscription to gain access to this article, including all our online content.
IAG, Asia-Pacific, Insurance, Reinsurance