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Kaikoura quakes cost about $40m so far: Suncorp

Reinsurers remain supportive – for now.

Calida Smylie
Fri, 10 Feb 2017

The Kaikoura earthquake has cost insurer Suncorp about $40 million so far, its chief executive says.

Suncorp NZ’s general insurance and life insurance businesses made an after-tax profit of $37 million in the six months to December 31, down from $87 million in the same period last year.

The

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Calida Smylie
Fri, 10 Feb 2017
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Kaikoura quakes cost about $40m so far: Suncorp
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