Zurich unloads next life back book, cuts $20bn in reserves from Germany

24-06-2022

Zurich unloads next life back book, cuts $20bn in reserves from Germany

Zurich Insurance Group will sell its legacy traditional life insurance back book in Germany to portfolio manager Viridium in what is arguably Zurich’s biggest move to date towards a sought-out capital-light model.


Zurich, Acquisition, Legacy, Life, Portfolios, SST, George Quinn, Germany, Insurance, Reinsurance

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