Originally Posted by
Scrunch
You would have to guess they don't have much from slide 49 of the recent 2020 HY report. This had NZ revenue being pretty much all householder products: $65.3m (House), $27.5m (Contents), $56.3m (Motor) and $4.5m (Other). If the combination of Business Asset, Commercial Vehicle, Business interruption and Business liability insurance is all bundled into the 3% of NZ revenues in other, the exposure to business interruption claims would appear to be small. This doesn't remove the risk of mis-priced the risk with only a little bit of revenue and a huge claim.