The Insurance Brokers Association of New Zealand (IBANZ) is warning the Commerce Commission against clearing IAG’s purchase of Lumley, saying it would create a duopoly and further limit cover in risk-prone areas.
Since the Christchurch earthquakes, insurers and reinsurers have reduced their
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Stephanie Flores
Thu, 13 Mar 2014
Thu, 13 Mar 2014
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Insurance brokers warn an IAG-Lumley merger would limit cover, drive up premiums
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