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Insurance Business | 25 Nov 2014, 09:30 AM Agree 0
The Northern Territory Government has announced its agreement to sell Territory Insurance Office to Allianz for $424 million.
  • Glen | 25 Nov 2014, 10:55 AM Agree 0
    We are here to grow TIO, not change it.”

    This is the line that I think will scare Territorians the most, at the moment TIO offers flood cover in certain areas for a premium that is less than half of it's nearest competitor. Due to Govt pressure these premiums were always kept reasonable, I would expect that Allianz will bring those premiums up to market rates.....
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