Kaikoura reinsurance recoveries near $500mn
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Kaikoura reinsurance recoveries near $500mn

Reinsurance claims from the 14 November Kaikoura earthquake reached NZ$694mn ($486.5mn) by year-end, according to Statistics New Zealand.

The reinsurance claims helped push the balance on New Zealand's capital account to a NZ$683mn surplus for the fourth quarter of...

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