Crucial meetings between Christchurch City Council's insurer and its re-insurers over earthquake damage payments have been pushed into next year.
Arbitration meetings between Civic Assurance, the parent company of the city council's insurer Local Authority Protection Programme, were meant to start before Christmas.
However, the city council has been told the meetings have been delayed until early next year.
Civic Assurance, cannot pay the $28 million it owes the city council until it wins an arbitration with its re-insurers R+V and American International Group.
But the total amount of money owed by Civic Assurance is likely to be significantly more than $28 million as city council staff are still negotiating damage assessments for their assets.