News Formal

Outsurance sells New Zealand insurance business

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Colombia Noticias Noticias

Rand Merchant Investment Holdings says the sale of Youi Holdings will release capital of up to NZ$13m

Picture: 123RF/ADIRUCH

Outsurance has not had an easy ride in New Zealand where it has previously run into trouble with regulators and, in 2016, was fined NZ$100,000 for poor sales conduct. Outsurance will sell Youi Holdings to Tower Insurance, New Zealand’s third-largest general insurer. The deal involves some 34,000 active insurance policies and is expected to be finalised before the end of 2019, although it is still subject to regulatory approval.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Outsurance sells New Zealand insurance businessRand Merchant Investment Holdings says the sale of Youi Holdings will release capital of up to NZ$13m
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

Why the fight club business is boomingThe boom in the hurt business is among the unlikeliest people is one of the strangest new trends
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

New Wits Business School master’s course unlocks the power of innovationSPONSORED | Unlock the power of innovation. Applications for the Master of Management in Innovation Studies at witsbschool are now open. Apply today
Fuente: BDliveSA - 🏆 12. / 63 Leer más »