CBL throws in the towel in France
A reappraisal of risk forces insurer out of its biggest market.
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
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Tim Hunter
Wed, 14 Feb 2018
Wed, 14 Feb 2018
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CBL throws in the towel in France
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