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

Tower says regulation discriminates against locals

The Reserve Bank is consulting on a review of the Insurance (Prudential Supervision) Act 2010.

Tim Hunter
Thu, 02 Nov 2017

NZX-listed insurer Tower, a target for takeover by Australian giant Suncorp, says the Reserve Bank’s regulation of the insurance sector discriminates against New Zealand-owned insurers.

In a submission to the Reserve Bank’s review of insurance industry oversight, Tower chief executive Richard

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Tim Hunter
Thu, 02 Nov 2017
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Tower says regulation discriminates against locals
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