Insurer Vero calls for change on dealing with natural disaster claims

Mon, 16 Feb 2015

By Fiona Rotherham Feb. 16 (BusinessDesk) - Insurer Vero is calling for debate on whether change is needed to New Zealand’s natural disaster insurance model following frustration over the lengthy delays in insurance payouts for the Christchurch earthquakes. It’s released an independent Deloitte report today that provides an overview on the social consequences of the earthquakes and the impact of insurance payments from the time of the first earthquake in 2010 to 2025. Vero, part of Australia's Suncorp Group, received 31,050 claims rela...

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