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Insurance Business | 16 Dec 2013, 03:01 p.m. Agree 0
Wesfarmers has sold its insurance unit for $1.845bn.
  • Tim Bisley | 16 Jan 2014, 04:33 p.m. Agree 0
    Very interesting move... but does this have compeotition implications?
  • Joyce | 30 Jan 2014, 04:38 p.m. Agree 0
    There's no way this won't have a knock-on effect.. watch this space
  • Andrew B. | 26 Feb 2014, 08:22 p.m. Agree 0
    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!
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