Allianz in talks over minority stake in LV= GI business

Mutual insurer LV= has confirmed it is in discussions with
Allianz over a sale of a "significant minority stake" in
its general insurance business.
In a statement today, LV= said the discussions were ongoing,
with no certainty a deal would be agreed or what the terms of the
transaction would be.
The statement was made in response to an earlier Sky News report
that a deal between the two firms, which would value the LV=
division at approximately £1.0bn ($1.3bn),...