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Assicurazioni Generali SpA To Sell U.S. Life Reinsurance Business To SCOR SE-DJ

Monday, 3 Jun 2013 09:51pm EDT 

Dow Jones reported that Assicurazioni Generali SpA said that it has agreed to sell its U.S. life reinsurance business for $920 million to SCOR SE's Global Life. The closing date of the sale is scheduled for September 30. After the sale, Generali will continue to operate in the U.S. in the property and casualty insurance sector through its New York branch, the Company said. 

Company Quote

-0.06 -0.35%
25 Nov 2014