NT premiums may rise after TIO sale
DESPITE the NT government's indications to the contrary, there has been no promise made by Allianz that premiums won't rise following the TIO sale.
THERE is no guarantee that NT insurance premiums won't go up under Allianz, the new part-owner of the Territory Insurance Office (TIO).
THE TIO will be split in two following the $424 million sale, with Allianz taking over the insurance business and People's Choice running its banking component.
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