Munich Re’s Ergo Decides Not to Sell Run-Off Life Policies as Offers Too Low

Munich Re’s ERGO unit has dropped plans to sell run-off life insurance policies, saying non-binding offers received by the company were too low. “In ERGO’s view, the current value of the portfolios and its potential appreciation is not adequately reflected …
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Munich Re’s Ergo Decides Not to Sell Run-Off Life Policies as Offers Too Low was originally posted by ClaimsMate.com Insurance Information Resources