Argosy Property Limited (NZX: ARG) 7WQ Insurance Claim Settled

Argosy Property Limited has announced it has settled its insurance claim with its insurers NZI and QBE in respect of earthquake damage at 7WQ relating to the Kaikoura earthquake, receiving $23.5 million plus GST as full and final settlement.

Peter Mence, CEO of Argosy said “It is very pleasing to have resolved the claim with insurers and avoided a drawn out legal process. We will update the market further at our FY21 financial results which will be announced in May 2021”.

See the link below for more details:

7WQ insurance claim settled

Source: Argosy Property Limited

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

BPG - Q1 FY27 Trading Update
AFT R&D Portfolio Offers Multi-$bn Market Potential
BRW - Chief Executive Officer
SPK-30 advanced with strategic review of Digital Services
FPH 2026 Notice of Annual Meeting and Voting Form
CNU - Q4 FY26 Connections Update
SPK - Spark announces appointment of Chief Operating Officer
SKC - Asset Monetisation Programme Update - The Grand Hotel
VCT - Full year results date & investor webcast details
ANZ - Air New Zealand 2026 Annual Results Webcast Details