Insurance
Insurers need more capital: Wilson
Tuesday 18th of April 2017
An increase in capital requirements for insurance companies in Australia has caused an upheaval in the sector, causing some banks in particular to offload their life insurance arms.
In New Zealand, a review is currently under way of the Insurance (Prudential Supervision) Act, which includes the capital provisions. It has been predicted that any increase in the requirements could put sign...
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