Zurich Insurance to buy ANZ's life businesses for $2.14b

Zurich Insurance to buy ANZ's life businesses for $2.14b

A man walks past a branch of the Australia and New Zealand Banking Group Ltd (ANZ) in Sydney October 29, 2013. REUTERS/David Gray/File Photo

Zurich Insurance has agreed to buy ANZ’s OnePath Life insurance businesses for 2.85 billion Australian dollars ($2.14 billion), the latest and largest foray by the Swiss company into the Australian market.

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