The Australian share market is trading near a nine-month high ahead of a busy week, during which the US Federal Reserve, Bank of England and European Central Bank are due to lift interest rates in an effort to bring inflation down from a multi-decade high.
Sun 29 Jan 2023 at 11:30pmNew Zealand divisions have cumulatively received over 8,000 claims so far following severe storms and flooding across the country.
Both insurers expect the number of claims to rise further over the coming days, as the event continues to unfold and customers identify damages.rose to four on Sunday as flash floods and landslides on the North Island continued.Thousands of properties remained without power, while hundreds were without water, NZ authorities had said.
Suncorp said losses from this event will be capped at NZ$50 million as its reinsurance program provides additional protection for New Zealand losses.
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