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Zurich Group, continues to grow rapidly in bank insurance with its giant acquisition.

15 Aralık 2017, 21:23

Zurich Group, which offers innovative insurance solutions to 70 bank business partners and 60 million bank customers in 17 countries around the world, bought 100 percent of ANZ Group’s life insurance company One Path Life from Australia’s leading banks for $ 2.2 billion. The Zurich Group has become the biggest player on the market with 20 percent of the Australian retail life insurance market with this purchase.

The Zurich Group bought 100 percent of ANZ Banking Group’s life insurance company One Path Life from Australia’s leading banks for $ 2.2 billion. With this acquisition, the Zurich Group will offer 6 million customers of ANZ Bank exclusively life insurance over the next 20 years through approximately 700 branches, more than 2,300 ATMs and digital channels. The Zurich Group became the biggest player on the market with 20 percent of the Australian retail life insurance market with this purchase.

The Zurich Group has bought Cover-More Group, which is known for its expertise in travel insurance in April, and has 5 million customers worldwide, in partnership with us for approximately $ 550 million and is the third biggest player in the world travel insurance market She had been. The group also began to strengthen the Australian presence by buying the life insurance company of the Macqurie Group, one of the leading players of the Australian Life Insurance market for the past year

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