Westpac to sell NZ life insurance business to Fidelity Life Assurance
Westpac has agreed to sell its New Zealand life insurance business – Westpac New Zealand Limited to Fidelity Life Assurance Company for NZD 400 million ($280 million). The Australian bank and financial services provider has also forged an exclusive 15-year agreement with Fidelity Life Assurance Company for distributing life insurance products to its New Zealand […]