Insurance

AIG transfer offers stir controversy

Thursday 23rd of October 2008
Arkinstall said while it would be “anti-competitive” to stop insurance firms from creating ‘transfer terms’ to lure business away from rivals “advisers have to use them judiciously”.

“There is a danger that risk advisers could be seen as clipping the ticket twice, or more,” he said.

AIG New Zealand has come under pressure following the spectacular bail-out of its US parent with many o...

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