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General Re co-operates with APRA investigation.
(From Lloyds List)
THE Australian arm of Warren Buffett's global reinsurance business yesterday said it would co-operate fully with any inquiry by Australia's financial services regulator, AAP reports .
General Reinsurance Australia has responded to a request from the Australian Prudential Regulation Authority to 'show cause' why it should not be investigated over certain of its activities, believed to be linked to HIH's A$5.3bn collapse.
'In line with company policy, General Re will co-operate fully with …
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