AMI bailout
Southern Response expects to cut at least 15 roles by June 2025 as the Government insurer works out its future
4th Dec 24, 1:25pm
4
Southern Response expects to cut at least 15 roles by June 2025 as the Government insurer works out its future
Geof Mortlock calls for policyholder compensation to be introduced to prevent taxpayers covering the costs if an insurance company goes bust
17th Nov 16, 9:58am
11
Geof Mortlock calls for policyholder compensation to be introduced to prevent taxpayers covering the costs if an insurance company goes bust
Government throws another $250m at Southern Response without calling anyone to account for what's likely to be NZ's largest bailout, costing taxpayers much more than expected
26th Jul 16, 4:12pm
66
Government throws another $250m at Southern Response without calling anyone to account for what's likely to be NZ's largest bailout, costing taxpayers much more than expected
Cam Preston argues insurers are running out of steam in the Canterbury rebuild/repair marathon, with AMI set to be the largest taxpayer bailout in NZ history
25th May 16, 10:24am
39
Cam Preston argues insurers are running out of steam in the Canterbury rebuild/repair marathon, with AMI set to be the largest taxpayer bailout in NZ history
AMI admits February 22 quake claims will blow out its reinsurance cover and it needs fresh capital to repay taxpayer backstop
12th May 11, 12:16pm
4
AMI admits February 22 quake claims will blow out its reinsurance cover and it needs fresh capital to repay taxpayer backstop