Hubbard, James, 1949- : Quake may cost insurance co's up to $16B. 6 March 2011
A man representing New Zealand reads a newspaper whose headline is ''Quake may cost insurance co's up to $16B'. Above him is an enormous mosquito that represents 'increased premiums' and that is about to suck the blood out of him; it casts a huge menacing shadow in which the man stands. Context - Insurance companies have experienced massive losses after the Canterbury earthquake. This may ultimately result in higher premiums as insurance companies try to recoup from their loss. According to Chris Ryan, Insurance Council chief executive, "The quake would probably result in foreign reinsurance companies increasing the premiums they charged local insurers." (Stuff 9 Sep 2010) Quantity: 1 digital cartoon(s).