ANZ New Zealand completes sale of OnePath Life (NZ) Limited to Cigna Corporation
ANZ Bank New Zealand Limited today announced it has completed the sale of OnePath Life (NZ) Limited to Cigna
Corporation.
ANZ announced the sale and 20-year strategic alliance with Cigna Corporation on 30 May 2018 and the divestment is
consistent with ANZ’s strategy to simplify its business. ANZ’s Investment Management business in New Zealand was not
part of the sale.
Cigna is a health services company with 95 million customers around the world. In New Zealand it offers insurance
products online and through direct marketing and also provides insurance products for partner companies. Cigna has been
one of ANZ’s insurance partners for more than 20 years.