OCEANIA

Lyttelton insurance claim breakthrough

New Zealand’s Lyttelton Port of Christchurch (LPC) announced it is reviewing the payment of dividends after a breakthrough in a two year earthquake insurance repair claim, said to be “the largest ever in Australasian history”.

Lyttelton Port will receive a further NZ$17.4m for material damage caused by the earthquakes. Photo: NZ Defence Force

New Zealand’s Lyttelton Port of Christchurch (LPC) announced it is reviewing the payment of dividends after a breakthrough in a two year earthquake insurance repair claim, said to be “the largest ever in Australasian history”.

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