Climate disaster payouts already top $1 billion for 2023
22 Jun 2023

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Above: Wairoa in northern Hawke's Bay after the Wairoa River burst its banks during Cyclone Gabrielle. Photo: Hawke's Bay Civil Defence Emergency Management Group |
Insurers have so far paid out $1.08 billion of an estimated $3.18 billion over 107,569 claims caused by the twin climate disasters of the Auckland Anniversary Weekend floods and Cyclone Gabrielle.