New Zealand's insurers paid out £1.5bn in Christchurch claims last year
New Zealand's insurers are still paying out huge sums for the devastating earthquakes in Christchurch in 2010 and 2011.
According to the Insurance Council of New Zealand private insurers paid out nearly NZ$2.7bn (£1.5bn) in 2016 to settle commercial and residential claims resulting from the quakes.
NZ$1.6bn was paid
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