Following a review of its New Zealand p/c business, CGNU, the U.K.’s largest insurer, announced plans to sell its affiliate State Insurance and concentrate its efforts on New Zealand Insurance, its life company.
State Insurance was formerly a subsidiary of Norwich Union.
Was this article valuable?
Here are more articles you may enjoy.
Florida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market 
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’ 
Most Are Overcharged for Property Insurance, Vanderbilt Study Says 
Some College Finals Delayed After Canvas Online Platform Hacked From This Issue
