### ODT Online Thu, 29 Dec 2011
Big cost for university to insure
By Matthew Haggart
The University of Otago will incur a significant financial hit to insure its $2.3 billion worth of building and contents assets next year. Premiums have risen by 62% in the wake of a response from international markets to the earthquakes in Christchurch. […] The University of Otago has 13 category 1 heritage buildings registered with the New Zealand Historic Places Trust and another six category 2 buildings. The insured valuation of the university’s heritage buildings is about 18% of its $2.3 billion building and contents assets portfolio – equivalent to about $41.4 million.
Post and images by Elizabeth Kerr