Guess some Australian policy-holders may wish the Gov_of_Oz supported Australian policy-holders
Brief Extract:
RBNZ would not consider Resolution Life’s change of control application unless itagreed to have separate, ringfenced assets held in New Zealand for the benefit of NewZealand policyholders, which is inconsistent with the current branch structure; and
as a result, Resolution Life does not expect RBNZ to approve an application that wouldsatisfy the condition precedent.
Question is how far may our market shorters push down prices... so can add to our holdings ?
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News: AMP Australia's AMP says insurance business sale unlikely to proceed, page-5
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