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 clears natural hazards insurance bill

February 22, 2023 Reprints

The New Zealand parliament has passed a natural hazards insurance bill, which is expected to simplify the claim process following natural disasters, Asia Insurance Review reported. The Natural Hazards Insurance Act 2003, which replaces the current Earthquake Commission Act 1993, clarifies the rules for mixed and multi-use buildings and creates a dispute resolution mechanism.

1. Nearly $8 billion lawsuit against Sony approved for trial
2. Sompo International posts underwriting income of nearly $341 million
3. Bulgaria’s watchdog probes SDI Group’s takeover by Acrisure
4. Blast at chemical factory kills seven
5. Aon sues Howden over employee poaching
6. Dockworkers refuse to offload Tesla cars at Swedish ports

Help

New Zealand clears natural hazards insurance bill

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