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25 February 2018

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Aon faces $365mn Canterbury temblors suit

Laura Board 6 November 2017

Aon is fighting a lawsuit that is seeking more than NZ$528mn ($364.7mn) in damages related to the 2010/11 Canterbury earthquakes in New Zealand.

The plaintiff is Christchurch City Council, which alleges that acts and omissions by Aon meant the council received a smaller property damage and business interruption payout in a December 2015 settlement with carriers than it otherwise would have. The council is seeking damages of NZ$528mn plus interest and costs from Aon.

Aon disclosed the suit in its...

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