Loss Announcement:

Zurich - 03 Aug 2023

NZD 1,995m - PERILS releases third industry loss estimate for the New Zealand North Island Floods of January-February 2023

PERILS has today disclosed its third industry loss estimate for the floods in the North Island of New Zealand, which occurred during the period of 27 January to 2 February 2023.

In its third loss report, provided in the form of a detailed industry loss footprint at postcode resolution, PERILS estimates that the event has cost the insurance industry a total of NZD 1,995m.