Thank you for sharing!

Your article was successfully shared with the contacts you provided.
The acquisition is expected to close by the end of next year and will make the firm the largest retail life insurer in Australia with a market share of about 19%. (AP Photo)

(Bloomberg) – Zurich Insurance Group AG, Switzerland’s largest insurer, agreed to acquire Australia & New Zealand Banking Group Ltd.’s life-insurance businesses for A$2.85 billion ($2.2 billion).

Dig Deeper


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.