TAL Dai-ichi Life Australia
Dai-ichi cements position as Australia’s top insurer with Westpac acquisition
Dai-ichi cements position as Australia’s top insurer with Westpac acquisition
With Westpac Banking Corp's exit from life Insurance, Dai-ichi is now the top dog.
Westpac sells insurance arm Japan’s Dai-ichi Life for A$900m
This marks the Australian firm’s exit from the life insurance sector.
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1. This week in insurance: Sompo–Guidewire cloud partnership, Swiss Re acquires QBE credit and surety unit, Zurich moves to buy ClearView. 2. Hong Kong insurers post weaker 2024 as premiums slip 3. Zurich Cover-More CEO exits after acquisition 4. Insurance demand amongst Indians surges as weddings shift overseas 5. Aditya Birla Sun Life Insurance wins IRDAI nod for Nifty 50-linked annuityResource Center
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