Concurrently, the company has announced a deal with Swiss Re that will provide reinsurance to its New Zealand retail wealth protection portfolio, releasing additional capital of up to AU$150 million to AMP. AMP has entered into an agreement with financial services company AMP , providing reinsurance to its Australia retail wealth protection portfolio. The arrangement will become effective from this date and will cover about 20% of claims incurred from 31 December .
AMP has entered into an agreement with financial services company AMP , providing reinsurance to its Australia retail wealth protection portfolio. The arrangement will become effective from this date and will cover about 20% of claims incurred from 31 December .