Five megatrends behind ANZ's $2.9b life deal
A wave of takeovers in the life insurance sector means Australia is exporting much of its expertise in an industry that was once the foundation of the financial services industry.
A wave of takeovers in the life insurance sector means Australia is exporting much of its expertise in an industry that was once the foundation of the financial services industry.
Thousands of employees in ANZ Banking Group's unloved wealth divisions will know their fate in April.
Zurich is set to become Australia's largest retail life insurer after lobbing a $2.85 billion bid for ANZ's life arm.
ANZ has divested much of its wealth management unit after selling its life insurance arm to Swiss giant Zurich for $2.85 billion.
ANZ Banking Group is set to become the third major bank to join the Australian life insurance sell-off this week, as it consummates a deal with Swiss giant Zurich.
Potential acquirers of Suncorp's life insurance business have been told to cool their jets.
ANZ Banking Group is in late stage negotiations for the sale of its life insurance business.
Policy holders who vent on social media are contributing to rising premiums.
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