Staff Reporter ,Australia
This is part of the group’s plans to streamline its assets.
Zurich Insurance Group is considering selling some of its general insurance assets in Australia, according to a report by Bloomberg.
The report said the Swiss insurer is looking into divesting its non-core commercial assets in Australia
Sources revealed that this is part of the group’s plans to "streamline" its portfolio; however, deliberations are said to still be in the preliminary stages.
The transaction is predicted to be worth several hundred million dollars.
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