The government of New Zealand has been left the unappetising task of picking up the unpaid catastrophe bill from quake-hit mutual insurer AMI after Insurance Australia Group Limited (IAG) purchased the firm's on-going operations.
The government of New Zealand has been left the unappetising task of picking up the unpaid catastrophe bill from quake-hit mutual insurer AMI after Insurance Australia Group Limited (IAG) purchased the firm's on-going operations.