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Insurance

Insurers hit licence deadline

Monday 9th of September 2013

A law change in September 2010 meant all insurers that wanted to continue doing business in New Zealand had three years to apply for and receive a licence.

Partners Life was one of the most recent to switch from a provisional to a full licence – its full licence was granted on September 3.  Some, such as RGA, are operating on a run-off licence.

About 15 are to have their lice...

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