Publications

Annual Report
2003-2004

  • $32.37 million paid out on claims
  • 7,110 claims handled – the highest number for 28 years
  • AAA claims paying ability rating from Standard and Poor’s
  • Fund growth of $180 million to $4.50 billion
  • The second and final stage of EQC’s investment diversification programme began, with funds transferred from passively managed funds to actively managed funds
  • 19 catastrophe response training sessions, exercises and tests carried out
  • Two recipients granted the inaugural Fulbright-EQC Award in Natural Disaster Research
  • Cabinet announced review of EQC scheme
  • Reinsurance renewed on improved terms
  • Funding approved for establishment of a senior academic position in hazards planning at Massey University

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