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.