FILE PHOTO: The logo of Zurich Insurance is seen at a former office building in Zurich, Switzerland November 11, 2021. REUTERS/Arnd Wiegmann
MUNICH (Reuters) – Zurich Insurance Group plans to divest part of its legacy portfolio of traditional life insurance policies in Germany, a spokesperson said on Friday.
Zurich, which operates its German life insurance business under the Deutscher Herold brand, wants to focus on fund-based policies.
“That is why we are looking for a solution for part of the portfolio of high-interest rate policies,” a Zurich spokesperson said.
Reporting by Alexander Huebner; Writing by Tom Sims; Editing by Maria Sheahan
私たちの行動規範：トムソン・ロイター「信頼の原則」, opens new tab