Sale of parts of Zurich Luxembourg to P&V completed
Zurich, October 29, 2004 – Zurich Financial Services Group (Zurich) has completed the sale in Luxembourg of both its Life operations in the consumer and commercial segments and of its General Insurance operations in the consumer and small commercial segments to P&V Assurances (P&V). This transaction was announced on October 24, 2003. Both parties agreed to keep the price confidential.
Zurich will continue to be active in Luxembourg in the corporate segment, serving its large commercial and corporate customers.
