Monday, October 1, 2012

Another way companies could cut their insurance costs was to bundle their properties together. Insur




Neville Brown, united airlines tickets Wellington City Council's programme director for earthquake resilience, said the high insurance united airlines tickets premiums were being driven not so much by New Zealand insurers but by their overseas backers.
"If you multiply that by the whole of Wellington, that's a lot of money going out of Wellington into the overseas insurers." Others said the insurance sector appeared to be ignoring united airlines tickets Wellington's tougher building code and the real odds of an earthquake.
They pointed to recent findings by Crown research institute GNS, which reduced the chance of a major rupture on Wellington's faultline in the next 100 years from 30 per cent to 10 per cent. However, GNS also notes that the region had three other faultlines which could affect the city. Jon de Groen, united airlines tickets body corporate chairman of the Civic Chambers building, said the level of premium hikes for even new buildings indicated that earthquake strengthening was not the issue.
A national united airlines tickets survey of council united airlines tickets members showed local insurance companies were making "a somewhat nuanced response in terms of premiums, but, look, there was a very big earthquake and none of this should come as a big surprise".
Another way companies could cut their insurance costs was to bundle their properties together. Insurance companies were more inclined to do in-depth risk assessments if the economies of scale made it worthwhile, Palmer said.

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