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Ridgecrest, owner of a building in central Christchurch, was insured with IAG with a maximum liability for any single “happening” of $1,984,000, which was less than the replacement value of the building. The building was affected by four separate earthquakes and on the last three or four was
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Penny Pepperell of Capital Letter
Tue, 02 Sep 2014
Tue, 02 Sep 2014
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Capital Letter: Landmark earthquake insurance decision hedged with conditions
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