Insurers will pay out for the damage caused by last month's fire at the International Convention Centre and Horizon Hotel under construction in central Auckland, SkyCity Entertainment Group says. The casino operator said insurance covered building contractor Fletcher Construction under its contract works and third party liability insurance policy. SkyCity said third party insurance claims would be handled on a claim-by-claim basis where legal liability exists. Fletcher Building said it was still assessing the impact on the project's delivery timeline, costs, cash-flows, and the cost provisions to complete the project forecast in February 2018. SkyCity said the parties were committed to completing the convention centre to the standard agreed with the New Zealand Government.

Source: Otago Daily Times November 25, 2019 22:18 UTC