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Momentum Life obtains life insurance license in New Zealand

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Momentum Life obtains life insurance license in New Zealand

New Zealand's Momentum Life Ltd. obtained a life insurance license, effective from March 12.

The license will allow the company to become the underwriter of its future products, according to March 13.

Momentum Life launched in April 2016. It is part of the BlueInc Group, a financial services group specializing in a range of insurance products across Australia and New Zealand.