Web16 Dec 2024 · Partners Life will be a step closer towards a possible initial public offer after its acquisition of BNZ's life insurance business, its chief executive Naomi Ballantyne says. Web30 Sep 2024 · In December 2024, National Australia Bank Limited (NAB) the owner of BNZ Life Insurance Limited (BNZ Life), signed an agreement to sell BNZ Life to Partners Life …
Partners Life buying BNZ Life in NZ$290 mln deal interest.co.nz
Web22 Jan 2024 · Partners Life distributes its insurance policies predominantly through a large network of independent financial advisers in New Zealand. However, as part of the BNZ Life acquisition, the company has also established an exclusive 10-year agreement for the referral of Bank of New Zealand customers with life insurance needs to Partners Life. Web16 Dec 2024 · December 16, 2024. Partners Life will acquire BNZ Life from NAB (ASX:NAB) for $290 million. Congratulations to Partners Life on the acquisition and NAB on the disposal. This continues the trend in the industry for bancassurers to be sold into specialist insurance company ownership. That process began with AIA's acquisition of Sovereign … ordinariate olow
Partners Life to Buy BNZ Life RiskinfoNZ
Web17 Dec 2024 · BNZ Life is estimated to have around four per cent of the New Zealand life market and, according to business intelligence firm Dun & Bradstreet, have annual sales of $125 million. Naomi Ballantyne (pictured), Managing Director of Partners Life, says her firm – which opened for business in 2011 – was invited to tender for BNZ Life along with other … Web22 Jan 2024 · Partners Life distributes its insurance policies predominantly through a large network of independent financial advisers in New Zealand. However, as part of the BNZ … WebTony comes to Partners Life after a successful 10 year career at the Bank of New Zealand. His roles have included Head of Business Development and Marketing – Agribusiness, Head of Agribusiness – BNZ Partners, Head of Northern – Retail Banking and Head of Retail Distribution – Retail Banking. Most recently he held the role of National ... ordinariate parish near me