Zurich to sell Taiwan business

Zurich is planning to auction off its Taiwanese non-life
business as it continues to take steps to scale back its footprint,
The Insurance Insider understands.
The unit, which wrote $122mn of premium in 2015, makes up part
of the global carrier's Asia Pacific operations, which
generated $2.24bn of non-life gross written premium overall last
year.
Sources said that the capital in the business is believed to be
meaningfully lower than the amount of premium written.
It is understood that interest..