close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

CBL throws in the towel in France

A reappraisal of risk forces insurer out of its biggest market.

Tim Hunter
Wed, 14 Feb 2018

Troubled insurer CBL has announced it will quit its core construction insurance business in France, citing excessive risk.

In an announcement to the ASX last night and repeated on the NZX this morning, CBL said its board made the decision yesterday after a strategic review.

“Although

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
Wed, 14 Feb 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
CBL throws in the towel in France
73334
true