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Insurance

AMP divests life business

AMP will exit life insurance in 2019, following a $3.3 billion sale of its wealth protection business. It will also divest its New Zealand wealth management and advice businesses via an IPO.

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Read more: USAMPNew ZealandResolution Lifelife insuranceIPOAustraliaAMP LifeBermudaEuropeFrancesco De FerrariMike WilkinsSir Clive CowderyUK