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AMI bailout

Southern Response expects to cut at least 15 roles by June 2025 as the Government insurer works out its future
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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
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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
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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
by Guest
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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
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AMI admits February 22 quake claims will blow out its reinsurance cover and it needs fresh capital to repay taxpayer backstop