Christian Judge: Insurance Council spokesperson on the impact the year's weather events are having on the industry

Figures released by the Insurance Council show the year's two biggest weather events have cost insurers over $2 billion.

The twin disasters of the Auckland floods and Cyclone Gabrielle have generated $3.5 billion across 112,812 claims- according to a recent estimate.

Insurance Council spokesperson Christian Judge says progress is being made on settling the claims at a good pace, but there's still a ways to go.

"For all of those people that haven't had their claims settled yet, they want them settled. So it's a mixed picture. We've had big disasters in the past, and compared to those, we're doing better."

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