Natural hazard event claims halved for IAG NZ over spring and summer compared to prior year

IAG New Zealand received over 3,500 claims from natural hazard events that impacted NZ over spring and summer, which is less than half the amount in natural hazard claims that the country’s biggest general insurer received a year earlier.

This is according to new findings from IAG NZ’s latest biannual Wild Weather Tracker, which reports on the weather-related claims the insurer has received every six months.

IAG NZ said three states of local emergency were declared during the…