Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Building cladding risk may spur premium hikes

June 13, 2018 Reprints

Tim Grafton, chief executive of Insurance Council of New Zealand, said that local insurers could increase property cover premiums after hundreds of buildings in several cities were found to be at high fire risk, Radio NZ reported. The Auckland City Council found 116 buildings and the Wellington City Council identified 113 buildings with combustible claddings similar to those used in the Grenfell Tower in the United Kingdom, which was destroyed in a fire June 2017.

Help

Building cladding risk may spur premium hikes

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources