8 Apr 2011

Competition concerns could narrow field for AMI rescue

From Checkpoint, 6:16 pm on 8 April 2011

The only company to put its hand up for AMI so far could get a clear run at the troubled insurer, if competition rules shut out bigger industry players. Tower says it is interested in re-capitalising AMI, getting the Government off the hook for a potentially one billion dollar bailout, but only if it can get full control of the Christchurch-based insurer.