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NZ quake losses will push prices up
Recurso electrónico / electronic resource
MAP20110010928
Lai, Iris ‌
NZ quake losses will push prices up / by Iris Lai
Sumario: New Zealand's 6.3 magnitude earthquake is expected to trigguer an upward movement on reinsurance pricing, as most primary insurers in the market have substantial reinsurance cover for losses related to the Fev. 22 quake in Christchurch. Industry insured losses are estimated to be between NZ$5 billion (US$3.8 billion) and NZ$11.5 billion, centered on physical damage of property and business interruption, according to catastrophe modeler AIR World-wide
En: BestWeek Asia/Pacific.- Hong Kong : A.M. Best Asia-Pacific, Ltd.. - Issue 9, 1 March 2011 ; 3 p.
1. Seguro de riesgos extraordinarios ‌. 2. Catástrofes naturales ‌. 3. Terremotos ‌. 4. Costes económicos ‌. 5. Nueva Zelanda ‌.