Insurers continue to feel the aftershocks of the New Zealand earthquake last month. Swiss Re announced today that based on current information, provisional estimates of its claims cost as a result of the earthquake is approximately $800 million. Additionally, Swiss Re estimates the total insured claims for the earthquake to be between $6 billion and $12 billion.
Swiss Re’s preliminary estimates suggest that the total insured loss for the insurance industry will be in the range of $6 billion to $12 billion.
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