Staff Reporter
,
Australia
This is part of the group’s plans to streamline its assets.
Zurich Insurance Group is considering selling some of its general insurance assets in Australia, according to a report by Bloomberg.
The report said the Swiss insurer is looking into divesting its non-core commercial assets in Australia
Sources revealed that this is part of the group’s plans to "streamline" its portfolio; however, deliberations are said to still be in the preliminary stages.
The transaction is predicted to be worth several hundred million dollars.
Join Insurance Asia community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!