CBL Insurance

RBNZ eyes broader range of enforcement options & penalties for insurance supervision, and updating resolution options

RBNZ eyes broader range of enforcement options & penalties for insurance supervision, and updating resolution options

SFO files criminal charges related to CBL Insurance, while FMA files civil charges related to its parent, alleging inadequate market disclosures and 'misleading and deceptive' conduct

SFO files criminal charges related to CBL Insurance, while FMA files civil charges related to its parent, alleging inadequate market disclosures and 'misleading and deceptive' conduct

Gareth Vaughan says the RBNZ's latest Financial Stability Report highlights for banks, insurers and non-bank deposit takers that their regulator will be sticking its nose into their business more often and in more ways than in the past.

Gareth Vaughan says the RBNZ's latest Financial Stability Report highlights for banks, insurers and non-bank deposit takers that their regulator will be sticking its nose into their business more often and in more ways than in the past.

CBL shareholders seek redress for failure of the $747 million company; Harbour Asset Management and Argo Investments to lead class action against former directors

CBL shareholders seek redress for failure of the $747 million company; Harbour Asset Management and Argo Investments to lead class action against former directors

Fund manager who held major CBL stake contrasts RBNZ's 'very public discourse' around bank capital requirements with its caution about speaking out about an under-capitalised insurer

Fund manager who held major CBL stake contrasts RBNZ's 'very public discourse' around bank capital requirements with its caution about speaking out about an under-capitalised insurer

David Hargreaves thinks the RBNZ should have lost its role as insurance regulator, but since it will be keeping the role, the emphasis needs to be on ensuring it is now better resourced for the job

David Hargreaves thinks the RBNZ should have lost its role as insurance regulator, but since it will be keeping the role, the emphasis needs to be on ensuring it is now better resourced for the job

Independent review finds the RBNZ had concerns about CBL Insurance's solvency from the time it was licensed, but never intervened with any real force; Says the regulator should've deterred the company's parent from floating on the stock exchange

Independent review finds the RBNZ had concerns about CBL Insurance's solvency from the time it was licensed, but never intervened with any real force; Says the regulator should've deterred the company's parent from floating on the stock exchange

Embattled insurer, CBL Corporation, put in liquidation; Brendon Gibson and Neale Jackson of KordaMentha appointed liquidators

Embattled insurer, CBL Corporation, put in liquidation; Brendon Gibson and Neale Jackson of KordaMentha appointed liquidators

Robertson quiet on whether something's wrong when the RBNZ pays the Government a $430m dividend but can't afford to hire 15 new staff

Robertson quiet on whether something's wrong when the RBNZ pays the Government a $430m dividend but can't afford to hire 15 new staff

CBL Insurance to be wound up as creditors back RBNZ's liquidation push over directors' rescue remedy; RBNZ commissions inquiry into its handling of CBL Insurance 

CBL Insurance to be wound up as creditors back RBNZ's liquidation push over directors' rescue remedy; RBNZ commissions inquiry into its handling of CBL Insurance 

Court rejects proposed deal for CBL Insurance to pay its largest creditor nearly all its cash for it to write off its liabilities

Court rejects proposed deal for CBL Insurance to pay its largest creditor nearly all its cash for it to write off its liabilities

Gibraltar-based insurer, caught in the CBL web, reaches agreement with one of its subsidiaries while it sues another

Gibraltar-based insurer, caught in the CBL web, reaches agreement with one of its subsidiaries while it sues another

NZ Shareholders' Association 'disappointed' High Court hearing to determine whether or not CBL Insurance will be liquidated is adjourned for the second time

NZ Shareholders' Association 'disappointed' High Court hearing to determine whether or not CBL Insurance will be liquidated is adjourned for the second time

FMA flags concerns over the disclosures CBL made when it listed on the NZX and around the time it was being probed by the Reserve Bank; CBL's chair and two other directors resign

FMA flags concerns over the disclosures CBL made when it listed on the NZX and around the time it was being probed by the Reserve Bank; CBL's chair and two other directors resign

CBL's former CFO and existing director of international business form butchery company - 'Well Hung' - while CBL shareholders fear they'll be hung out to dry

CBL's former CFO and existing director of international business form butchery company - 'Well Hung' - while CBL shareholders fear they'll be hung out to dry