British insurance group CGU expects to sell its U.S. insurance business to one of about 10 potential buyers by year’s end.
The company will continue accepting offers of interest through May, narrowing the number that will go through due diligence to a select few. The business went up for sale in February when it announced a merger with Norwich Union, a British life insurer.
Topics USA
Was this article valuable?
Here are more articles you may enjoy.
Amazon Seen as Shielded From Liability for Miami Cargo Plane Crash 
The Big Data/AI ‘Revolution’ Is Driving Up Verdicts, Settlements as Plaintiffs Buy In 
FBI Investigating Possible Exposure of Millions of American IDs 
Viewpoint: How Federal Ban on Intoxicating Hemp Products Will Reshape Risk, Coverage 
