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Insurance Business | 03 Feb 2014, 09:42 a.m. Agree 0
Smaller brokers worry about market dominance if plans for the market leader to buy NZ’s number three insurance company go ahead
  • Lindsay Kerr | 03 Feb 2014, 11:58 a.m. Agree 0
    Any take over of Lumley would be a bad thing in the New Zealand market especially considering that Allianz no longer deal in the SME market and Zurich and AIG will not transact natural disaster business south of the Waikato or thereabouts.
  • John Sloan | 27 Feb 2014, 09:30 a.m. Agree 0
    Takeovers inevitably result in changed retentions & amalgamated reinsurance resulting in less capacity in the market..not more or the same as before. And changed underwriting attitudes also have an impact.
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