New Zealand life insurance business

Australian Exchange

Suncorp to sell its New Zealand business, Asteron Life for NZ$410m
ByNNR April 3, 2024April 3, 2024

SYDNEY, AUSTRALIA: Suncorp Group Limited (ASX: SUN) has signed a share sale and purchase agreement with Resolution Life to sell its New Zealand life insurance business, Asteron Life Limited. Suncorp’s New Zealand general insurance business remains unchanged and part of…

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Australian Exchange

Westpac completes sale of New Zealand life insurance business
ByNNR February 28, 2022February 28, 2022

SYDNEY, AUSTRALIA: Westpac announced that it has completed the sale of Westpac Life-NZ- Limited to Fidelity Life Assurance Company Limited for NZ$400 million. The transaction was first announced on 6 July 2021 and the terms of the sale remain unchanged….

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