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 articleSubscribe 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 articleSubscribe 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 CompaniesThe Australian Financial Review MagazineThe top whisky you can buy without going on a waiting listMax AllenThe luxury travel trend you probably haven’t consideredThe restaurant that’s turning back the clock (in the best way)BOSS Financial ReviewForget WFH – what it’s really like to ‘work from anywhere’Rachael BoltonThe US governance model taking over Australian boardroomsThis CEO wakes at 5am, but doesn’t get in to work till 10amLife & LeisureNaysayers may flinch at a hybrid Porsche. Here’s why they’re wrong45 mins agoTony DavisAre these headphones worth the luggage space?Need travel inspiration? Follow the fashion crowdRich ListBillionaires Escalante and Arnaout taking liberties with ASICPrimrose RiordanCinema giant flags part-sale of Sydney’s George Street complexAnnie Cannon-Brookes steps out on her own