"Ill-Prepared" Fire & General Insurers Under Fire From FMA

The fire and general insurance sector has come under fire in a new report released by the FMA, which states that insurers are "ill-prepared" for the CoFi Bill, and are demonstrating a "low level of conduct maturity."

Following the Life Insurer Conduct and Culture Review of 2018, New Zealand's fire and general insurers were asked to look at the recommendations that were made and apply them to their own businesses.

Read the full article: Insurance Business NZ