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Munich Re mulls selling $160 million to runoff insurer

Posted On: Sep. 16, 2019 6:17 AM CST

Munich Re

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.

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