Best's News


Best’s News & Research Service subscription required - March 24, 2023 02:59 PM (EDT)

ICNZ: Cyclone Gabrielle Losses Reach $551.9 Million as Housing and Access Issues Continue

Insurers likely incurred NZ$890 million ($551.9 million) in losses after taking in more than 40,000 claims related to Cyclone Gabrielle, according to the Insurance Council of New Zealand. . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

New Zealand Losses Hurricanes Property And Casualty Insurers


Latest News

FLORIDA
Florida Regulator Approves Another Batch of Citizens Takeout Requests
May 19, 2026 04:09 PM (EDT)
BEST'S CREDIT RATING ACTION
AM Best Upgrades Issuer Credit Rating of Southern Farm Bureau Life Insurance Company
May 19, 2026 03:30 PM (EDT)
MERGERS AND ACQUISITIONS
Liberty Mutual Increases Majority Stake in India Joint Venture
May 19, 2026 03:11 PM (EDT)
FEDERAL REGULATION
CMS Finalizes ACA Rules With Provisions Supporting ‘Nonstandard,' Catastrophic Plans
May 19, 2026 03:01 PM (EDT)
STATE REGULATION
Tasmania Walks Back State Insurer in Favor of Authority, Potential Stressed Lines Pools
May 19, 2026 02:50 PM (EDT)

More from Best’s News


Trending

1
SPECIAL REPORT
Best’s Special Report: Personal Auto and Homeowners Markets’ Stabilization Evident Despite a Decline in Approved Rate Changes
May 18, 2026 08:19 AM (EDT)
2
INFLATION AND DEFLATION
AM Best: Social Inflation Meets Economic Inflation
May 15, 2026 10:03 AM (EDT)
3
MERGERS AND ACQUISITIONS
Judge Approves $250 Million Omnicare Sale Amid Bankruptcy Proceedings
May 18, 2026 12:24 PM (EDT)
4
MERGERS AND ACQUISITIONS
CopperPoint Agrees to Acquire General Indemnity Group, Expanding Nationally
May 18, 2026 03:30 PM (EDT)
5
PRESS RELEASE
Best's Review Looks at How AI Is Streamlining Underwriting
May 18, 2026 11:16 AM (EDT)
1
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Skyward Specialty Insurance Group’s Members
Aug 14, 2025 10:54 AM (EDT)
2
GEORGIA
Georgia Commissioner Race Gains Clarity as Democrat Field Emerges
Mar 16, 2026 09:10 AM (EDT)
3
EARNINGS
AIG Posts Lower Fourth-Quarter Profit on Corebridge, Travel Divestiture
Feb 10, 2026 05:09 PM (EST)
4
STRATEGY
Zurich CEO: Global Specialty Prospects Ideal Amid Current Uncertainty
Nov 19, 2025 11:03 AM (EST)
5
PEOPLE IN INSURANCE
AIG Completes Planned Leadership Transition on June 1
Apr 27, 2026 11:31 AM (EDT)

    

1
SETTLEMENTS (LITIGATION)
State Farm Seeking $15.6 Million Settlement in Total-Loss Vehicle Valuation Class Action
Mar 30, 2026 02:21 PM (EDT)
2
GEORGIA
Georgia Commissioner Race Gains Clarity as Democrat Field Emerges
Mar 16, 2026 09:10 AM (EDT)
3
EARNINGS
AIG Posts Lower Fourth-Quarter Profit on Corebridge, Travel Divestiture
Feb 10, 2026 05:09 PM (EST)
4
STRATEGY
Zurich CEO: Global Specialty Prospects Ideal Amid Current Uncertainty
Nov 19, 2025 11:03 AM (EST)
5
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Skyward Specialty Insurance Group’s Members
Aug 14, 2025 10:54 AM (EDT)