AMI Insurance and Restructure Sale

Release date
05 April 2012

The Reserve Bank of New Zealand has completed its assessment of the proposed restructure of AMI, and change of control of AMI Insurance (Operations) Limited to IAG. 

The Bank has now granted all necessary approvals under the Insurance (Prudential Supervision) Act 2010, and has granted AMI Insurance (Operations) Limited a full insurance licence.

Media contact:
Mike Hannah
Head of Communications, Board Secretary | Reserve Bank of New Zealand
2 The Terrace, Wellington 6011 | P O Box 2498, Wellington 6140
T. +64 4 471 3671 | M. +64 21 497 418 | F. +64 4 471 2270