PRESS - Press - General

ANZ, CBA, Westpac to pay $126m to settle junk insurance class action. CBA said on Monday it had agreed to pay $50 million to settle the case. ANZ said it would contribute $42 million to the settlement; Slater & Gordon said ANZ and its related entities would pay $47 million. Westpac, meanwhile, will pay $29 million.


Published on Nov. 14th, 2022 Published on Nov. 14th, 2022
Scenario: Conduct / Misselling Retail

To read more operational risk news, register for free on MSTAR Platform.

Register for free