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KM Financial Solutions | UPDATE 1-Australia’s Suncorp Group to sell life insurance unit, FY profit dips
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UPDATE 1-Australia’s Suncorp Group to sell life insurance unit, FY profit dips

07 Aug UPDATE 1-Australia’s Suncorp Group to sell life insurance unit, FY profit dips

Posted at 22:32h in News by
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Australia’s second largest general insurer
Suncorp Group Ltd said on Thursday it would sell its
life insurance division to a unit of Japan’s Dai-Ichi Life
Holdings for A$725 million ($538.82 million) and
reported a 1.5 percent drop in annual profit.

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