Legal & General to sell general insurance unit to Allianz

Reuters

Published May 31, 2019 07:49

Legal & General to sell general insurance unit to Allianz

LONDON (Reuters) - Britain's Legal & General Group (LON:LGEN) will sell its general insurance business to a UK subsidiary of Germany's Allianz (DE:ALVG) for 242 million pounds, the companies said on Friday.