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

New Zealand floods and cyclone may not trigger reinsurance: EQC

February 21, 2023 Reprints

Chris Chainey, chief financial officer of New Zealand's Earthquake Commission, said that the recent flooding and Cyclone Gabrielle that hit the country and caused significant damage are extremely unlikely to trigger its reinsurance arrangements, Artemis reported. Mr. Chainey said that the entity is looking to diversify its sources of risk capital and alternatives such as catastrophe bonds.

1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Chinese cargo owners face losses after bridge collapse
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms

Help

New Zealand floods and cyclone may not trigger reinsurance: EQC

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