The cost of the Earthquake Commission’s reinsurance cover has gone up by 11% but it has increased its cover by 12.5%.
EQC chief financial officer Fraser Gardiner said the new reinsurance cover of nearly $7 billion would cost just under $210 million for the 2021-22 year, which represented about
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).