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Two German public-sector insurers to discuss merger
December 10, 2012 / 1:53 PM / 5 years ago

Two German public-sector insurers to discuss merger

FRANKFURT, Dec 10 (Reuters) - German public-sector insurer Provinzial Nordwest will discuss merging with peer Provinzial Rheinland in a possible blow to Nordwest suitor Allianz .

The state premier of North Rhine-Westphalia said in a statement on Monday the two public-sector insurers would explore a merger until March 31 and ruled out talks with other interested parties until then. (Reporting by Jonathan Gould)

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