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New Zealand

New Zealand quake toll at 75, damage costs seen $12 bln

  • Prime Minister says death toll will rise

* Survivors pulled out 24 hours after quake

* Mayor says up to 300 notified as missing

* Insured losses from quake may be $12 bln - J.P. Morgan (Adds J.P. Morgan on insured losses, Prime Minister, details)

By Adrian Bathgate

CHRISTCHURCH, Feb 23 (Reuters) - New Zealand rescuers pulled survivors out of rubble on Wednesday 24 hours after a devastating earthquake in Christchurch as the death toll climbed to 75, with many dozens still trapped inside collapsed buildings.

Read the full article on Reuters - AlertNet.