close
MENU
General Business
6 mins to read

CBL Insurance in liquidation

Reserve Bank cites dishonesty and long-term insolvency as company finally folds.

Tim Hunter
Mon, 12 Nov 2018

Evidence of serious impropriety, chronic insolvency and failure to comply with Reserve Bank directions were reasons to order the immediate liquidation of failed insurer CBL Insurance, the High Court heard today.

The company was the main operating subsidiary of NZX-listed CBL Corporation, worth

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Tim Hunter
Mon, 12 Nov 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
CBL Insurance in liquidation
General Business,
77199
true