Munich Re mulls selling $160 million to runoff insurer
Posted On: Sep. 16, 2019 6:17 AM CST
Munich Reinsurance Co. is considering selling nearly $230 million Australia ($158 million) worth of insurance assets to Enstar Group Ltd.'s Australian subsidiary Gordian RunOff, Global Legal Chronicle reports. Enstar Group Limited acquires and manages insurance and reinsurance companies in run-off.