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International

March storm costs New Zealand insurers $21.5 million: Insurance council

August 02, 2016 Reprints

The Insurance Council of New Zealand said that the March storm in the nation's West Coast region has cost insurers $30 million New Zealand ($21.5 million), Radio New Zealand reported.

The council said that about $27.5 million New Zealand of claims were related to commercial material damage and business interruption.

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March storm costs New Zealand insurers $21.5 million: Insurance council

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