RMS: 30% of New Zealand losses commercial
Based on its analysis of the area exposed to the New Zealand earthquake, Risk Management Solutions has predicted that approximately 60-70% of the insured loss will be residential, and 30-40 percent will be commercial and industrial.
The majority of residential claims will be paid out by the Earthquake Commission (EQC), though some claims will be large enough to exceed the EQC NZ$100,000 limit and go into excess EQC policies, it
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