Church insurer pays out $511m

Friday, May 24th, 2013

Insurer of churches, schools and historic buildings Ansvar paid out $511 million of claims last year, settling more than three-quarters of the earthquake claims lodged with the company.

That’s according to the company’s latest financial results, for the year to December 2012, published yesterday.

Ansvar was inundated with claims after the Canterbury earthquakes and withdrew from the New Zealand insurance market at the end of 2011, leaving policyholders wondering if their claims would be met. Continue reading

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News category: News Shorts.

Tags: Christchurch, Christchurch earthquake, Church, Insurance

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