EPISODE · Sep 17, 2023 · 8 MIN
Christian Judge: Insurance Council spokesperson on the impact the year's weather events are having on the industry
from The Sunday Session with Francesca Rudkin · host Newstalk ZB
Figures released by the Insurance Council show the year's two biggest weather events have cost insurers over $2 billion. The twin disasters of the Auckland floods and Cyclone Gabrielle have generated $3.5 billion across 112,812 claims- according to a recent estimate. Insurance Council spokesperson Christian Judge says progress is being made on settling the claims at a good pace, but there's still a ways to go. "For all of those people that haven't had their claims settled yet, they want them settled. So it's a mixed picture. We've had big disasters in the past, and compared to those, we're doing better." LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Christian Judge: Insurance Council spokesperson on the impact the year's weather events are having on the industry
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