Port operator's insurance payouts to exceed $320 million
Posted On: Aug. 7, 2019 6:02 AM CST
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.