Here is a link to an article on stuff that IAG has exceeded its $4 Billion reinsurance limit for the February 2011 earthquake. Apparently IAG expects to settle claims for damage in the other earthquakes at less than the reinsurance limit.
Auckland
PO Box 137243,
Parnell, 1052
Tel: +64 27 434 5489
grant@grantshand.co.nz
