Insurance premiums
Audio, Radio New Zealand
How much are insurance premiums going to increase by after the Christchurch earthquakes?
How much are insurance premiums going to increase by after the Christchurch earthquakes?
Insurance premiums look set to rise by up to a third and even more to meet the cost of the Christchurch earthquakes and other disasters overseas.
The insurance industry says overseas insurers have become wary of New Zealand after Monday's earthquakes in Christchurch and higher premiums across the country are now almost inevitable.
Commercial property owners are facing not just higher insurance premiums following the Christchurch earthquakes, but also the prospect of much higher excesses.