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By Rishav Chatterjee and Rajasik Mukherjee
(Reuters) - Australian insurance companies fell sharply on Monday after opposition leader Peter Dutton threatened to break them up, accusing them of exploiting customers, as the country prepares for federal elections due by May.
In an interview with Sky News, Dutton, leader of the Liberal Party, said that if elected in the federal election, his government would scrutinise insurance industry practices.
"In the insurance market, we will intervene to ma...
>>> Read more: Australian insurance stocks slide after opposition leader's breakup threat
(Reuters) - Australian insurance companies fell sharply on Monday after opposition leader Peter Dutton threatened to break them up, accusing them of exploiting customers, as the country prepares for federal elections due by May.
In an interview with Sky News, Dutton, leader of the Liberal Party, said that if elected in the federal election, his government would scrutinise insurance industry practices.
"In the insurance market, we will intervene to ma...
>>> Read more: Australian insurance stocks slide after opposition leader's breakup threat
