According to reports in the Polish newspaper Rzeczpospolita the Anglo-Swiss Group Zurich Financial Services plans to withdraw from both the Polish life and property/casualty market.
The article suggest that the plans are well advanced and indicates that both Italy’s Generali and Switzerland’s Winterthur Group, the insurance division of Credit Suisse/First Boston are interested in acquiring the Zurich interests.
None of the companies rumored to be involved have so far commented on the article.
Was this article valuable?
Here are more articles you may enjoy.
London Broker Howden Plots Giant Capital Raise on IPO Path
Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash Deal
As Parasite Spawned Chaos, Taylor Farms Slow-Walked Response
Florida’s Share of Claims Lawsuits Now About Half of 2020 Numbers, Data Show 

