Originally posted by John the builder
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Earthquake Issues for Commercial Buildings
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the earthquakes in chch
hammered insurance underwriters worldwide
leading to increased premiums here
and to a lesser extent, everywhere else
the 46? HUGE wildfires currently ravaging alberta
will do probably do the same
One of the world's most successful investors, Warren Buffett, has had a multimillion-dollar loss on the Christchurch earthquake, leading to his company's first underwriting loss in nine years.
Yesterday, Buffett's Berkshire Hathaway company announced its first-quarter profits were down 59 per cent.
Disasters in Japan, Australia and Christchurch were behind the losses, the company said.
http://www.stuff.co.nz/business/worl...irm-a-shake-upLast edited by eri; 06-05-2016, 06:41 PM.have you defeated them?
your demons
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Yeah - I'm amazed at how well WGN has faired - esp. Cuba Street - there's a lot of very old retail estate up that road.Email Sign Up - New Discussions, Monthly Newsletter, About PropertyTalk
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Originally posted by Davo36 View PostWell the earthquake was quite far away I guess.
If it was right near Wellington CBD, I reckon there'd be absolute carnage.
The question is did all those EQ prone buildings condemned by MBIE policy collapse (and cause injury)as expected????
I doubt it..... because the policy is flawed!
it seems the ones they are worried about are a new one and an 8 story that likly isnt EQ prone Does any one know what the NBS rating was for this one???
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Originally posted by John the builder View Postit still was a significant event and close to a moderate EQ for wellington.
The question is did all those EQ prone buildings condemned by MBIE policy collapse (and cause injury)as expected????
I doubt it..... because the policy is flawed!
it seems the ones they are worried about are a new one and an 8 story that likly isnt EQ prone Does any one know what the NBS rating was for this one???Free online Property Investment Course from iFindProperty, a residential investment property agency.
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