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Tuesday, May 22, 2012

EQC topping up reinsurance

According to insurance website InsuranceNEWS.com.au EQC is increasing its reinsurance cover to $NZ5 billion ($3.9 billion).

The gist of the news is that the cost of reinsurance is going up and the reinsurance periods may be getting shorter. Probably not really news however, for those who like figures, the report is here.

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