Insurance Post

Zurich reiterates commitment to Spain despite $388m sale

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Zurich has insisted it remains fully committed to Spain - and to its other bancassurance partners in the country - after agreeing to sell back to Unnim its 50% stakes in the life and general insurance bancassurance companies the pair jointly own.

The agreement follows the merger of Caixa Sabadell together with Caixa Terrassa and Caixa Manlleu to form Caixa d'Estalvis Unió de Caixes de Manlleu, Sabadell i Terrassa or Unnim on 1 July.

Unnim will

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