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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
5 mins to read

CBL: a blundering bewildering mess of bad decisions

Opinion: Poor judgment by the insurer's board as well as its regulators has left shareholders staring into an abyss of losses.

Fri, 09 Mar 2018

It’s hard to overestimate the scale of the unfolding crisis at CBL Corporation. It’s a debacle, a downfall, a cluster of literal cacafuego.

The final reckoning may take some time to emerge but shareholders must brace themselves for a most unpleasant prognosis.

This, remember, is an insurance

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CBL: a blundering bewildering mess of bad decisions
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