Insurance

Insurers weigh up pandemic impact

Thursday 30th of April 2020

The New Zealand economy has been rocked by Covid-19 and the subsequent response to it.

But Milton Jennings, former chief executive of Fidelity Life, said it should not be a significant problem for life insurers.

"We always found in a recession, business seemed to go up. People became more risk-averse in a downturn. They tend to keep life cover or take out life cover."<...

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