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nib buys ANZ medical insurance book

HEALTH insurer nib is buying the New Zealand medical insurance book of ANZ's OnePath Life in a $22.6 million deal.

ANZ is offloading its medical insurance business in New Zealand to health insurer nib for $22.6 million.

ANZ will sell the OnePath Life medical insurance book, which has about 20,000 policies covering 44,000 people, to nib NZ.

Original URL: https://www.news.com.au/finance/business/nib-buys-anz-medical-insurance-book/news-story/4f45ddca93d0edfad9df2a708e4d3c48