Insurance

Health insurers may be forced out of business

Tuesday 27th of March 2001
Players in the health insurance sector are stunned that the High Court at Auckland has allowed Southern Cross to keep hold of all Aetna 40,000 policies, and some are predicting the judgment will force some players out of the industry.

The court last week overturned a Commerce Commission decision that said Southern Cross could acquire Aetna on the condition...

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