News Life and Health12 Aug 2019

Australia:AMP settles for new deal to sell life insurance operations

12 Aug 2019

Wealth management giant AMP has revised the terms of the sale of its life insurance business to British insurer Resolution Life, after it announced last month that a deal to sell the operations was being blocked by the Reserve Bank of New Zealand unless assets underpinning the policies of New Zealand residents were given ring fenced.

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