AA Insurance New Zealand fined NZ$6.175m due to discount failures

New Zealand's High Court fines insurer NZ$6.175m (US$3.8m) for failing to apply discounts and bonuses, leading to overcharges.

Share

Aa insurance new zealand fined nz 175m due to discount failures
Picture of Editorial team

Editorial team

THIS PREMIUM INSIGHT IS FOR SUBSCRIBERS ONLY.

Stay ahead with precise, independent journalism of APAC's insurance markets.

Unlocked access today:

Already subscribed? Log in using the form below or click here

Read next

asset-risk-higher-for-asia-pac-pampc-insurers-than-us-carriers
hong-kong-insurers-solvency-ratios-halve-under-rbc
emering-asias-middle-class-women-have-appetite-to-spend-more-on-insurance-peak-re-report
Cyber
global-reinsurers-nat-cat-budgets-under-threat-from-hurricane-milton
apac-reinsurance-takes-on-renewed-importance-following-fed-rate-cuts
asia-pac-hnws-offer-major-growth-for-insurers-swiss-re
indonesia-nonlife-market-shifts-up-a-gear-ahead-of-motor-insurance-mandate
hk-insurance-authority-warns-of-rising-cyber-threat
regulations-a-key-catalyst-for-rapid-expansion-of-apac-cyber-market-gallagher-re

Share this article