One of the biggest insurers, Vero, has told NBR NZPI that it has paid out $1.3 billion on Canterbury earthquake claims so far.
But this is only half of the $3.5 billion it has set aside as reserves for all anticipated claims.
Red zoned residents in Christchurch have been dismayed at the
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Chris Hutching for NBR NZ Property Investor
Thu, 26 Apr 2012
Thu, 26 Apr 2012
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Vero pays out $1.3b so far on Chch earthquake claims
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