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"People who listed a home for sale and fail to sell it in the early summer trade before Christmas, will have to make some difficult decisions over the Christmas break."

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"There’s no need to rely on per capita or technical definitions of a recession any longer as the country is experiencing a substantial economic contraction in real terms."

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Marc Guppy

Allianz makes $40 million retreat from NZ commercial insurance market

Global insurer Allianz to stop writing commercial property, motor and liability insurance in NZ; Insurance Council characterises retreat as 'sufficiently large to be disappointing'

28th May 19, 4:51pm

by Jenée Tibshraeny

Global insurer Allianz to stop writing commercial property, motor and liability insurance in NZ; Insurance Council characterises retreat as 'sufficiently large to be disappointing'

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