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IAG to pay up to $3.5M after earthquake assessment finds policy miscalculation
By Paul McBeth Sept. 18 (BusinessDesk) - IAG New Zealand, the insurer that bought the good business of AMI Insurance for $380 million, has agreed to pay up to $3.5 million after finding a miscalculation in last year's Canterbury earthquake claims in some historical home and cont...
RESEND KPMG expands reach in Bay of Plenty via merger with Tauranga's Frasers
(Fixes typos throughout) By Hannah Lynch Sept. 18 (BusinessDesk) - KPMG has bought the Tauranga and Bay of Plenty-based accounting firm Frasers for an undisclosed sum. Frasers will join KPMG in their new Tauranga offices from Jan. 1. "Our clients will benefit from the increas...
Low-ball investor again targets Unlisted platform with offer for Rural Equities
By Jonathan Underhill Sept. 18 (BusinessDesk) – Australia’s Stock and Share Trading has again targeted companies on the Unlisted platform, with an offer to shareholders of Rural Equities that is about 29 percent below their market price. Stock and Share is offering to buy share...
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