Business
Allianz buys Westpac insurance business – Breaking News – Insurance News
Allianz has acquired the Westpac general insurance business in a $725 million deal that includes a 20-year agreement for distribution of products to the bank’s customers.
The insurer says the transaction is an important step in building its consumer portfolio in Australia and builds on an existing relationship with Westpac, in place since 2015, that has involved distribution of products including motor, travel, caravan and trailer insurance.
Under the new distribution agreement, Allianz will also…
-
Business16 hours agoWhy is Alphabet stock worth less than Nvidia, Microsoft, Apple, and Amazon even though it is the most profitable S&P 500 company?
-
General22 hours agoMichael Beatty, veteran current affairs journalist and animal welfare advocate, dies aged 76
-
Noosa News15 hours ago‘Sunny, benign’ school holiday weather after morning showers in parts of Queensland
-
Noosa News12 hours agoTips to improve engagement – Proctor