Christchurch earthquake News

New Zealand EQ Insured Losses Could Top $3B: AIR Worldwide

Catastrophe modeling firm AIR Worldwide released its initial estimates of industry insured losses from the earthquake that struck New Zealand’s South Island early this week, putting a range of $762 million to $3.5 billion out for the event (NZD1.15 billion …

New Zealand Quake Toll Rises as Hope Fades for Survivors

Rescuers extended their search on Friday to shattered houses close to the epicenter of Christchurch’s deadly earthquake, but rain and cold dimmed hopes of finding more survivors of New Zealand’s worst disaster in decades. The arrival of teams from Britain …