New Zealand Title
Earthquake Commission (EQC)
New Zealand Description
The Earthquake Commission (EQC) is New Zealand's primary provider of natural disaster insurance to residential property owners.
The Commission is a Crown Entity, wholly owned by the Government of New Zealand and controlled by a Board of Commissioners. Crown Entities are not Government departments or state-owned enterprises but nevertheless belong to the Government and are subject to public sector finance and reporting rules.
EQC administers the Natural Disaster Fund, comprising capital and reserves. The Government guarantees that this fund will meet all its obligations.
New Zealand News and Events
News and Events
Up to 20,000 chimneys came crashing down in homes around the Wellington and Wairarapa region, 77 years ago today, but decades later unsecured bricks remain a major danger in homes.
This Earthquake Commission's (EQC) Briefing to the Incoming Minister (BIM) provides the Minister Responsible for the EQC with information on the functions and role of the EQC, along with its current situation and recent history.