Annual Reports

Annual Report 2013-2014

Summary

Over the past year, EQC has continued to devote every effort to settling the outstanding insurance claims, and completing the many house repairs from the tragic Canterbury earthquake sequence of 2010/11.

After three years of building and maintaining momentum in a highly dynamic environment, we are now looking to the challenges of completing the more complex land settlements and the remainder of the Canterbury Home Repair Programme.

We have applied lessons learned in Canterbury to our work following the Cook Strait and Eketahuna earthquakes.

Download

Annual Report 2013-2014 (PDF, 1.8MB)

Cover of EQC Annual Report 2013.

Annual Report 2012-2013

Summary

The closing days of this financial year saw EQC pass the half way mark in its Canterbury home repair programme. More than 40,000 homes have been repaired and we are committed to completing the rest by the end of 2014.
While the rebuild necessarily required EQC to focus its attention on Canterbury during the past 12 months, the Commission is a national organisation and it has continued to play a crucial role in building New Zealand’s financial, physical and social resilience to natural disasters.

Download

Annual Report 2012-2013 (PDF, 1.8MB)

Cover of EQC Annual Report 2013.

Annual Report 2011–12

Summary

The Canterbury earthquake series again dominated EQC’s activities for the 2011-12 financial year. The Commission received more than 94,500 claims, paid out $2.8 billion in claims and repaired 17,000 homes through the Canterbury Home Repair Programme.

Download

Annual Report 2011-12 (PDF, 1.5MB)

Cover of EQC Annual Report 2011-12.

Annual Report 2010–11

Summary

EQC’s activities in this period were necessarily focused on the Canterbury earthquake recovery.

The September and February Canterbury earthquakes combined were the largest and most costly insurance events in New Zealand’s history, generating more than 360,000 claims (consisting of over 550,000 individual contents, building and land exposures) to 30 June.

Download

Annual Report 2010–11 (PDF, 3.7MB)

Cover of EQC Annual Report 2010-11.

Annual Report 2009–10

Summary

Highlights:

  • Catastrophe Response Programme: New scheme introduced to increase the number of loss adjusters across New Zealand, ensuring there are adequate adjusters available following a major natural disaster.
  • Natural Disaster Fund growth: In another year of volatile investment markets, the Fund grew by $355 million.
  • Reinsurance programme successfully rolled over.
  • GeoNet – a further 10 years of EQC funding approved.
  • Science-to-Practice initiatives undertaken.
  • EQC kiosk opened within the Awesome Forces exhibition at Te Papa.

Download

Annual Report 2009–10 (PDF, 1.25MB)

Cover of Annual Report 2009-10.

Annual Report 2008–2009

Summary

Highlights:

  • It’s Our Fault research project findings.
  • Catastrophe Response Programme review.
  • New claims management system customised.
  • Virtual field trips as part of EQC’s schools activities.
  • Second strategic review of the GeoNet project.
  • Natural Disaster Fund – volatile investment markets.

Download

Annual Report 2008–09 (PDF, 649KB)

Cover of EQC Annual Report 2008-09.

Annual Report 2007–08

Summary

Highlights:

  • New claims management system goes live.
  • Gisborne earthquake – just over 6,200 claims received following the magnitude 6.8 earthquake on 20 December.
  • Awesome Forces sponsorship renewed with Te Papa.
  • The EQC-sponsored exhibition, ‘Living on the Edge: Hawke’s Bay Earthquake, 1931’ opened in February.
  • EQC’s formal Responsible Investment Policy implemented.
  • Auckland Volcanic Field scientific review initiated.

Download

Annual Report 2007–08 (PDF, 1.76MB)

Cover of Annual Report 2007-08.

Annual Report 2006–07

Summary

Highlights:

  • Development of a new internet-based claims management system underway.
  • EQC-funding provided for QuakeTrackers schools programme.
  • It’s Our Fault research project launched.
  • New research partnership with Auckland University.
  • Field office set up in Whangarei to handle claims from the March storm and flooding in Northland.

Download

Annual Report 2006–07 (PDF, 734KB)

Cover of EQC Annual Report 2006-07.

 

Page last updated: 18 Nov 2014

Translated material: