According to reports in the Polish newspaper Rzeczpospolita the Anglo-Swiss Group Zurich Financial Services plans to withdraw from both the Polish life and property/casualty market.
The article suggest that the plans are well advanced and indicates that both Italy’s Generali and Switzerland’s Winterthur Group, the insurance division of Credit Suisse/First Boston are interested in acquiring the Zurich interests.
None of the companies rumored to be involved have so far commented on the article.
Was this article valuable?
Here are more articles you may enjoy.
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says
Bayer’s Supreme Court Win in Roundup Case No ‘Silver Bullet’
What Happens to Property Pricing in ’27, Insurance, Reinsurance Execs Ask 

