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Tough time ahead for small life companies
Tuesday 15th of February 2000
Ratings agency Standards and Poors has cast doubt on the survival ability of some of the smaller life companies in New Zealand.
The agency says the sector in Australia and New Zealand has a stable outlook, however there are a number of changes taking place which could potentially be fatal for small players.
"In a nut shell, you have (a) relatively small, highly competitive market wit...
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