LV= exploring GI sale to Allianz: report

Mutual insurer LV= is in talks with Allianz over a sale of its
general insurance (GI) arm, according to a report.
Sky News reported today LV= had been approached by Allianz
regarding the acquisition of a minority stake in the operation.
The broadcaster said discussions remained embryonic, but that
any deal could value the GI business at more than £1.0bn
($1.3bn).
Banking sources told this publication that a sale process has
been underway for some time and that LV= has...