Xu and Bryant - The Supreme Court decision
July 3, 2019
The Supreme Court has issued its decision in Xu v IAG. A split decision with 3 Justices (William Young, O’Regan and Ellen France JJ) against the appeal and 2 Glazebrook and Arnold JJ dissenting. My quick reading is that Bryant is still in force, although clarified and some...
The Reserve Bank and FMA review of the life insurance industry
January 30, 2019
The Reserve Bank and FMA have publicised their findings of poor practices within the life insurance industry; https://fma.govt.nz/news-and-r... . The review raises issues around culture and practice in sales and claims. It's no secret that there have been concerns ...
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