Ergo to Triple Litigation Funding Business, Handelsblatt Reports

Munich Re’s Ergo unit plans to triple litigation funding in the next three years as rival Allianz SE (ALV) scales back its business in that area, Handelsblatt reported today, citing an interview with Thomas Kohlmeier, who heads Ergo’s Legial division.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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