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
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).