Two-year deadline to start IAG rebuilds

MICHAEL WRIGHT
Last updated 05:00 24/12/2012

Relevant offers

Christchurch earthquake

GeoNet turns 15 - what have we learned about earthquakes in that time? Evan Smith can't find the words to thank son for life-saving liver gift Rapaki residents hope concrete wall will protect against falling rocks Expert stonemason works on historic Peel Forest church Skinning, 'crazy people' and underwear racing at Queenstown Winter Festival Christchurch educator Jacqueline Duncan receives special honour Gerry Brownlee says change to Otakaro's purpose no big deal, calls Labour 'deluded' Flooding at Christchurch earthquake memorial site expected, Crown says Tonnes of liquefaction silt removed from rotting, quake-damaged house $8,455,690 rebuild claim as Christchurch homeowners sue IAG

New Zealand's biggest insurer plans to finish all its earthquake rebuild and repair work by 2015.

IAG said last week that all its residential rebuilds would start within two years, with the last scheduled to start no later than the last quarter of 2014.

Its programme involves 1700 home rebuilds and 3000 major repairs.

IAG Canterbury recovery executive general manager Dean MacGregor said customers could expect a letter soon confirming in which quarter of 2013 or 2014 work on their property would begin.

All customers had had their rebuild or repair status confirmed, but some could change.

He said the hardest-hit customers, with uninhabitable homes, would have their cases well advanced by next year.

At its peak, the programme will deliver 85 new homes and 150 major repairs a month.

Ad Feedback

- The Press

Comments

Special offers

Featured Promotions

Sponsored Content