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Swiss insurance company Helvetia says it is considering selling German subsidiary

Summary by Thelocalreport.in
2025-01-07 05:05:18 : (Bloomberg) — Helvetia Holding AG is considering selling its loss-making German insurance business, according to people familiar with the matter. The Swiss insurer has hired JPMorgan Chase & Co and plans to collect non-binding bids for the unit in the coming weeks, people familiar with the matter said. Requested anonymity discussing non-public information. Helvetia could receive between 500 million and 600 million Swi…
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Thelocalreport.in broke the news in on Monday, January 6, 2025.
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