BNZ Life up for sale, according to Australian reports
A report in The Australian Financial Review has stated that National Australia Bank (the parent company of BNZ) is selling its life insurance company, BNZ Life.
While there has been no official confirmation from BNZ in New Zealand, the news report indicated that NAB was in the late stages of negotiation with a potential purchaser. AIA, Resolution Life, and Partners Life have all been put forward as the most likely buyers.
The sale will be the continuation of a recent trend that has seen retail banks across the Tasman move away from life...MORE»
Financial wellbeing confidence dented by Covid-19 — Cigna studyThursday, October 22nd, 4:37PM
Covid-19 has led to a significant downturn in New Zealander’s confidence around their financial position, according to a recent report undertaken by Cigna. MORE» |
Asteron (and Suncorp) appoints new bossThursday, October 15th, 1:10PM
Suncorp, which includes Asteron Life, has promoted the head of claims to the role of chief executive. MORE» |
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