sell-off Archives - Carrier Management

AIG Is Selling $1.2B Stake in Chinese P/C Insurer

American International Group is offering for sale about $1.2 billion worth of shares in China's PICC Property and Casualty Co Ltd (PICC P&C) in a block deal, IFR said on Saturday, citing a term ...

Zurich Insurance Chairman Insists Overhaul Will Lead to Better Results

Zurich Insurance Group AG will see improving results this year after taking steps to cut costs and overhaul units following unexpected losses at its general insurance unit, according to Chairman Tom ...

Allianz Declines Comment on Report That it Will Sell Part of Fireman’s Fund

Allianz refused to comment Tuesday on a report that it will unload the personal insurance arm of Fireman's Fund, its U.S. subsidiary, due to repeated operating losses. "Allianz never comments on ...