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International

Storm causes nearly $30 million in insured losses

May 05, 2017 Reprints

The Insurance Council of New Zealand said that storm Tasman Tempest that hit the country in March caused insured losses of nearly 42 million New Zealand ($29 million), Voxy.co.nz reports. The storm damaged 5,800 houses and 760 commercial properties, with business interruption losses totaling NZD 13.4 million.

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Storm causes nearly $30 million in insured losses

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