Kaikoura earthquake claims reach over £500m
Last November's 7.8 magnitude earthquake on South Island has cost insurers over NZ$900m so far (£520m) according to the Insurance Council of New Zealand.
Insurance Council of New Zealand CEO Tim Grafton said that more than 2500 commercial material damage and business interruption claims worth more than NZ$900m had been lodged for New Zealand's insurers
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