Source: Insurance Business By Roxanne LibatiqueÂ
Expert leads initiative amid On-Sold Programme disputes
New Zealand has launched a detailed review aimed at reshaping its policies for managing earthquake-prone buildings.
The initiative seeks to balance the need for public safety with the financial challenges faced by building owners as the country works to address seismic risks more effectively.
The review is being led by an independent chair, Dr Erica Seville, who will oversee a steering group comprising representatives from the building, property, and construction sectors.