Zurich Revives $20 Billion Life Asset Sale After First Try Fails
Zurich is one of Europe’s largest insurers.
Photographer: Michele Limina/BloombergZurich Insurance Group AG is again in talks to sell a portfolio of German life insurance policies after a plan to offload the legacy book to Viridium Holding last year fell through.
“We are still strategically interested in a sale of the book and we are evaluating options and talking to a number of players,” Chief Financial Officer Claudia Cordioli said in an interview with Bloomberg TV’s Tom Mackenzie on Thursday.