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NAB offloads rest of MLC to Nippon, new life insurer Acenda created

James Eyers
James EyersSenior Reporter
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A new Australian life insurance brand – Acenda – will be created from the merger of MLC Life Insurance and the local subsidiary of Resolution Life.

The consolidation was triggered by a broader life-insurance deal: the acquisition of Resolution Life by Nippon Life Insurance.

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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
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    Original URL: https://www.afr.com/companies/financial-services/nab-offloads-rest-of-mlc-to-nippon-new-life-insurer-acenda-created-20241211-p5kxkk