Lifetime Group gets life business, sells general - Good Returns
Lifetime Group gets life business, sells general - Good Returns
The Christchurch-based Lifetime Group has formed a strategic partnership with insurance brokerage Rothbury Group which see each one focus on its core strengths.
The two groups will work together and Lifetime will focus on life insurance and mortgages and Rothbury will do general insurance.
Under the deal Lifetime has acquired Rothbury’s life and mortgage businesses; Rothbury gets Lifetime’s general business and it has taken a cornerstone shareholding in Lifetime Group.
Rothbury, which is the fourth largest general broker in New Zealand and part of the ASX-listed Steadfast Group, has bought a 19.5% stake in the business valued at $4.5 million.
Market & Portfolio Update: August 2026
Global share markets pushed higher in August. The MSCI World Index, a broad measure of companies across developed markets, rose 1.9% in NZ dollar terms, helped by a solid company earnings season and continued enthusiasm around artificial intelligence.
Lifetime Book Club: Remarkably Bright Creatures by Shelby Van Pelt
What can an unlikely friendship teach us about connection, curiosity and the things we sometimes fail to see in one another?
Remarkably Bright Creatures by Shelby Van Pelt is a warm and thoughtful novel about friendship, loss, family, and finding connection in unexpected places.