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Kiwi Group offloads life insurance business in $45m nib deal

Kiwibank will continue to refer retail customers to nib for insurance needs.

State-owned Kiwi Group has become the latest financial services business to offload its life insurance arm, today announcing a deal with the New Zealand subsidiary of ASX-listed nib.

Kiwi Group, the parent of Kiwibank, Kiwi Wealth, Kiwi Insurance and New Zealand Home Loans, said today it was

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Kiwi Group offloads life insurance business in $45m nib deal
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