by Susan Edmunds
Andrew Park
The authority wrote to 12 insurance companies last year asking for data on all new policies written in the past five years, including policyholder details, adviser details and commission payments.
It also included a questionnaire asking what the premium levels would be if churn was reduced and the claims experience of replacement business.
That was in May and there has been little discussion of the investigation since.
FMA spokesman Andrew Park said work continued.
“We are completing our analysis of the information we received and expect to make a report available in the middle of the year.”
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