Updated 97 days ago
- Age: 178 years
- ID: 7590100/99
L10, 117 Lambton Quay, Wellington, New Zealand
Manchester Unity is seeking law reform to allow friendly societies in general, and Manchester Unity in particular, to raise new capital through the issue of securities...
Manchester Unity is New Zealand's largest insurance friendly society. Our policyholders receive insurance cover in exchange for premium payments. Plus more!...
Manchester Unity has provided its written submission of a proposed amendment to enable capital raising. Manchester Unity's proposed amendment would allow friendly society insurers to issue ‘friendly society securities' (as credit unions can currently do by issuing ‘credit union securities') to support their capital needs and to continue to meet their capital requirements as an insurer.