Cyclone Gabrielle pegged at $1.2bn hit to New Zealand: PERILS

Cyclone Gabrielle may have rendered NZ$2.018 billion ($1.2 billion) in insured losses during early February trek across the north island of New Zealand, the Swiss-based nat cat counter PERILS said in its third event estimate.

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Cyclone Gabrielle pegged at $1.2bn hit to New Zealand: PERILS

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