24-02-2016 16:16 via insuranceinsider.com

Zurich exploring potential sale of Asian business

Zurich is exploring the possibility of selling of its Hong Kong
and Singapore operations as part of a review of its non-core
businesses, according to Reuters.
Sources told the news agency the insurer has held discussions
with several investment banks, but has not yet hired advisers.
The sources cautioned that no deal was certain, and a company
spokesperson declined to comment on the plans.
The Swiss insurer has experienced a turbulent few months
following a series of disappointing results.
The..
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