tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Thursday, March 28th, 10:13PM

Insurance

rss
Latest Headlines

Final hurdle passed for OnePath deal

The final regulatory approval has been granted from the Reserve Bank and the Overseas Investment Office for Cigna's acquisition of ANZ’s OnePath Insurance business.

Wednesday, October 31st 2018, 8:37PM

Earlier this year Cigna entered into negotiations with ANZ to purchase OnePath. Once completed. This acquisition will make Cigna New Zealand’s third largest life insurance provider.

This year will see Cigna celebrate its 100th year of operation. Cigna has a long history in the New Zealand market as a strong and sustainable business that customers can trust.

Gail Costa, Cigna New Zealand chief executive, said: “we’re really pleased to have reached this important milestone on the journey. This is an exciting time for both organisations as we work towards bringing the companies together.”

The sale is expected to be completed by early 2019.

Tags: ANZ Cigna OnePath

« nib reports profit drop on weak dollarSouthern Cross trims benefits »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Insurance Briefs

Partners helps fund depression recovery centre
New Whakamātūtū Wellington Depression Recovery Centre gets financial boost from Partners Life.

AIA adds cover for prophylactic surgery following cancer
AIA makes changes to policies and adds preventative surgery for several types of cancer.

Chubb appoints David Morrow as Country President for New Zealand
Chubb has appointed David Morrow as Country President for New Zealand.

nib adds specialist skills to its board
Two new board appointments at health insurer nib add new perspectives, chairman says.

News Bites
Latest Comments
Subscribe Now

Cover Notes - Specific news aimed at risk advisers

Previous News
Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
 
Site by Web Developer and eyelovedesign.com
x