CompaniesFinancial ServicesHealth insurancePrint articleCUA flogs health arm, signals spending spreeJames FrostFinancial services writerMay 26, 2021 – 2.41pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this article NewSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginAustralia’s largest credit union, CUA, has sold its health insurance arm and plans to invest the proceeds by growing its core banking offering.CUA, which will rebrand as Great Southern Bank next Tuesday, sold its health insurance business and 40,000 policies to Perth-based HBF but declined to specify the sale price.Loading...James Frost writes about banking, funds management and superannuation. Based in Melbourne, James has been reporting on specialist business and finance topics for 15 years. Connect with James on Twitter. Email James at james.frost@afr.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this article NewSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreHealth insuranceGreat Southern BankBank of QueenslandNational Australia BankCommonwealth BankLatest In Financial servicesFetching latest articlesMost Viewed In Companies
