Real Estate

University of Canterbury settles earthquake insurance claim for $550 million

15 (BusinessDesk) – The University of Canterbury can claim $550 million to cover the damage wrought by the series of earthquakes in 2010 and 2011 after reaching an agreement with its insurers. Insurance reimbursements are still a feature of the university’s revenue, making up $40.7 million of the $188 million it recognised in the six months ended June 30 this year.

Read More at Yahoo! Finance

Related Posts

Leave a reply

Curated By Logo