New Zealand
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
9 February 2024
As Head of Research at Toka Tū Ake EQC, Dr Natalie Balfour works at the interface of science and impact, directing the agency’s up to $20 million annual investment in science. For International Day of Women and Girls in Science, Natalie reflects on how funding agencies like Toka Tū Ake support researchers to deliver impact from their science.
7 February 2024
Consultation opens today on a new, independent dispute resolution scheme to support insured homeowners disputing decisions about their natural hazards insurance claims under the new Natural Hazards Insurance Act 2023 (NHI Act). The NHI Act comes into effect on 1 July 2024.
5 February 2024
A special tsunami exhibition with hi-tech animations uses lessons from a tragic past to help residents on Rēkohu Wharekauri Chatham Islands to be better prepared for future devastating mega-waves.