News Life and Health19 Feb 2018

Australia:Suncorp's bid to find buyer for life unit advancing well

| 19 Feb 2018

Australian insurer Suncorp Group has said that its efforts to find a buyer, a partner or a reinsurance deal for its life insurance unit were progressing well -- a move which would see it follow companies like Commonwealth Bank of Australia and National Australia Bank in cutting exposure to a sector under pressure from offshore competitors, reports Reuters.

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