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Late filing derailed AMP Life deal

Bermudan insurer took eight months to seek Reserve Bank clearance.

Tim Hunter Fri, 19 Jul 2019

Sloppy administration by Bermuda-based Resolution Life appears to have contributed to the failure of its deal to buy AMP’s transtasman life insurance business.

In a statement released selectively yesterday, the Reserve Bank said although AMP and Resolution announced the transaction last

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Tim Hunter Fri, 19 Jul 2019
Contact the Writer: thunter@nbr.co.nz
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Late filing derailed AMP Life deal
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