AIA completes acquisition of Sovereign Insurance

Supplied Content AIA Group Limited has announced that is wholly-owned subsidiary, AIA International Limited has successfully completed its acquisition of Sovereign Insurance. As disclosed on September 21, 2017, AIA has also entered into a 20-year strategic distribution agreement with ASB Bank, the second largest retail bank in New Zealand (Source: ASB, by Main Customer Base). The combined business would pave…

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Economist says KiwiBuild should be sustainable

Tom Furley The government’s flagship KiwiBuild housing project could save millions of dollars if homes are built sustainably, a Report says. Commissioned by Green Building Council, a not-for-profit building organisation, the Report said that all 100,000 KiwiBuild homes should include factors such as energy efficiency, warmth, and the amount of building waste. The Report’s author, Economist Shamubeel Eaqub, estimated that if…

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New Zealand marks milestone with EU trade talks

Chris Bramwell  New Zealand and the European Union have formally launched negotiations for a Free Trade Agreement (FTA). The EU Commissioner for Trade Cecilia Malmström said it was an important milestone in EU-New Zealand relations and that the negotiations would aim to remove barriers to trade in goods and services, as well as develop rules to make trade easier and more sustainable.…

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