Life insurer Partners Life sold in $1b deal
Japanese life insurance giant Dai-ichi Life the buyer.
Partners Life chief executive Naomi Ballantyne.
Hamish McNicol
Fri, 12 Aug 2022
Life insurer Partners Group has been sold to Japanese life insurance giant Dai-ichi Life in a deal worth about $1 billion.
The acquisition of 100% of New Zealand’s Partners Life, which was founded by Naomi Ballantyne in 2010, was announced late Friday. It is subject to regulatory approval.
Partners
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Hamish McNicol
Fri, 12 Aug 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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