Zurich confirms it is in discussions regarding MetLife's U.S. P&C business

23 November 2020 —
Zurich Insurance Group (Zurich) notes media reports regarding a potential transaction with MetLife.Zurich confirms it is in discussions to acquire MetLife's U.S. P&C business.

Zurich subsidiary, Farmers Group, Inc., is proposing to acquire the business in conjunction with the Farmers Exchanges.

The terms of any transaction are subject to negotiations and there can be no assurance that a transaction will take place.

Source: zurich.com

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