Insurance Post

IAG: NZ earthquake could cost $40m

nz-earthquake-jewellers

Insurance Australia Group has confirmed that its New Zealand businesses, which include State and NZI, could be hit by a $40m claim from the Christchurch earthquake on 22 February.

The insurer added its team was "rapidly mobilising" in response to the destructive 6.3 magnitude earthquake.

IAG managing director and CEO, Mike Wilkins said: "Our primary concern is for the people

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here