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Insurance Business | 10 Mar 2014, 10:53 a.m. Agree 0
A well-known insurance player will float its broking business on ASX, and could reveal the plans as early as today, Insurance Business understands.
  • M. Wheeler | 10 Mar 2014, 01:37 p.m. Agree 0
    Copy of Comment posted on Article "Wesfarmers Sells Insurance business to major player" 26/02/2014 6:22:10 p.m. by Andrew B.

    "Wesfarmers is ultimately just an investment vehicle. The New Zealand Operations are tiny compared to the larger mining operations. I suspect that Crombie Lockwood and OAMPS are next cab off the rank. The insurance division sort of sits adjunct to the rest of the business. Maybe a bank or even an insurer wanting a distribution arm will purchase. Everything is for sale at the right price!"

    .........Right on the money except for the method of sale!!!
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