Generali EUR200mn legacy sale down to three

The bidding process for Generali's EUR200mn ($238mn) legacy
book has narrowed to three parties, with final offers due this
week, The Insurance Insider has
learned.
Enstar, Armour and Compre are understood to have made the final
round in a process said to have been extremely competitive from the
start.
Legacy sources suggested as many as 28 parties had registered
their interest in the book when it first came to market in the
first half of this year.
Acquirers that dropped...