Archives For earthquake insurance money

In 2011 there was a devastating series of earthquakes that destroyed a lot of Christchurch New Zealand. Many buildings, including church buildings, have now gone, and insurance companies have paid (or are in the process of paying) large sums of money to building owners to repair or replace what was lost.

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Last week I heard that between the churches in Christchurch there was a total of $400 million in insurance payouts. I wondered what you could buy for $400 million, and it turns out an Airbus A380.

I love planes and travel. During the week I’ve been floating the idea with different people to see how much traction could be gained to buy an A380, below I list the various responses: Continue Reading…