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John Van Der Wielen says the deal was not in the best interests of HBF's members.

HBF and HCF scrap merger

Western Australia’s largest health insurer HBF and east coast counterpart HCF have ended discussions regarding a planned merger but neither has clearly explained the reasons.

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HBF

Assets under management or net assets ($m)

4th-WA Super$2,162.0m
5th-BWP Trust$1,837.0m
6th↑HBF$1,337.7m
7th-Packer & Co$1,321.0m
8th-Resource Capital Funds$1,100.0m
54 fund managers ranked by assets under management or net assets

WA Revenue

1st-CBH Group$3.48bn
2nd↑HBF$1.72bn
3rd↓St John of God Health Care$1.69bn
4th-RAC$683.1m
5th-Geraldton Fishermen's Co-operative$303.2m
59 not for profit businesses ranked by WA revenue most recent financial year

Number of Employees

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