Christchurch News

Microsoft Exec Says It’s Time to Revisit Big Tech’s Responsibility for Its Content

Microsoft Corp. President Brad Smith has called for a broad effort by the technology sector to do more to halt posting and accessing of violent materials like the videos of killings from the recent terrorist attacks in New Zealand. “Words …

One Year Later, Christchurch Still ‘Safe Haven’ for New Zealand Quake Survivor

Jane Taylor was managing a women’s clothing store in downtown Christchurch a year ago when the earthquake struck. She was dug from the rubble within minutes with horrific injuries — her vertebrae were crushed, her skull was fractured and her …

Australia’s Suncorp Updates Melbourne Storm, NZ Quake Loss Estimates

Australia’s Suncorp Group Limited’s preliminary estimates of the financial impacts of the recent Melbourne hailstorm and Christchurch earthquake are between A$200 and A$250 million [US$204.9 to US$256.1 million]. Suncorp added that its “reinsurance arrangements provide protection should the cost of …

7,500 Earthquakes Shake Resolve in Christchurch, New Zealand

It’s been 10 months since the first big earthquake struck New Zealand’s second-largest city. It’s been nearly five months since a far more devastating one killed 181 people and crippled the downtown. And it’s been just a few hours since …

Quakes Again Rock New Zealand’s Christchurch

Strong aftershocks rattled New Zealand’s quake-devastated city of Christchurch again Monday, toppling one of the few buildings still standing downtown and sinking thousands of homes into darkness. Bricks crashed down in the cordoned-off city center, where only workers have tread …

Best Comments on Impact of Christchurch Earthquake on New Zealand P/C Insurers

A.M. Best’s London office announced that it “has begun to assess the financial impact of the Feb. 22, 2011 Christchurch earthquake on New Zealand’s non-life insurance industry, and it expects capital erosion will result in some local company ratings being …

Swiss Re Estimates Christchurch Quake Claims at App. $800 Million

Swiss Re has announced that, based on current information, it provisionally estimates its claims cost from the earthquake in New Zealand on February 22nd to be approximately $800 million, net of retrocession and before tax. “The total insured claims for …

New Zealand Estimates Quake Toll at 98, Many More Missing

New Zealand rescuers said on Thursday they held grave fears for more than 200 people still missing as the death toll from an earthquake reached 98 after searchers pulled dozens of bodies from a Christchurch television building now turned into …

New Zealand Quake Kills at Least 65; Race to Reach Trapped Victims

New Zealand rescue teams worked under search lights early Wednesday to find scores of people trapped under collapsed buildings after an earthquake struck the country’s second-biggest city of Christchurch, killing at least 65 people. About 120 survivors have already been …