More insurance companies may require bailouts as a result of the Christchurch earthquakes the Reserve Bank said this morning, but it will likely be parent companies providing the cash rather than the Government.
At its twice yearly report on the health of New Zealand's financial system, the Reserve Bank this morning said the Christchurch earthquake had presented fresh challenges and increased domestic risks just as international markets were showing signs of improvement.
At its twice yearly report on the health of New Zealand's financial system, the Reserve Bank this morning said the Christchurch earthquake had presented fresh challenges and increased domestic risks just as international markets were showing signs of improvement.
