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Hot Topic Reporting season
Hot Topic Reporting season
4 mins to read

CBL Insurance $136m short in December, report says

Fund manager writes share value down to zero.

Tim Hunter
Mon, 14 May 2018

CBL Insurance was more than $136 million short of its minimum solvency capital on December 31, the company’s latest regulatory disclosure says.

The solvency of CBLI has been a serious concern for insurance regulator the Reserve Bank since mid-last year – concern that culminated in the RBNZ

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Tim Hunter
Mon, 14 May 2018
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CBL Insurance $136m short in December, report says
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