Perils ups Cyclone Gabrielle loss estimate to NZ$1.9bn
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Perils ups Cyclone Gabrielle loss estimate to NZ$1.9bn

perils logo generic 2023.png

Cyclone Gabrielle, which hit the North Island of New Zealand in February 2023, has caused an insured market loss of NZ$1.925bn ($1.2bn), according to catastrophe insurance data provider, Perils.

Initially, Perils estimated the loss to be NZ$1.54bn, which it has increased based on claims data collected from affected insurance companies.

Request a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article