Tag: iag_new_zealand_limited

IAG to Pay $19.5 Million Penalty for Widespread Failures

6 Oct 2025 1:30 p.m. · Source: NZ Financial Markets Authority

IAG New Zealand Limited has been penalised $19.5 million for fair dealing breaches after admitting to making false and/or misleading representations about its insurance products, affecting approximately 269,000 customers.

Business Politics and Government Financial Markets Legal Economy IAG New Zealand Limited Financial Markets Authority Louise Unger Financial Markets Conduct Act fair dealing pecuniary penalty NZ Financial Markets Authority