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International

Port operator's insurance payouts to exceed $320 million

August 07, 2019 Reprints

New Zealand-based port operator CentrePort Ltd. is likely to receive insurance payouts of more than $500 million New Zealand ($321 million) for damage related to the 2016 Kaikoura earthquake, Stuff.co.nz reported. The port operator has so far received NZD 170 million in claims settlements for property damage.

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Port operator's insurance payouts to exceed $320 million

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