Westpac
Westpac completes sale of lenders mortgage insurance arm
Westpac completes sale of lenders mortgage insurance arm
The business was sold to Bermuda-based Arch Capital Group Ltd.
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.
Westpac sells NZ life insurance unit to Fidelity Life
Westpac Life NZ and Fidelity Life will also enter into a 15-year distribution agreement.
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