Munich Re’s ERGO to buy 25% stake in China-based Taishan Insurance
Germany-based ERGO Group, a subsidiary of Munich Re, has agreed to acquire a 24.9% stake in Taishan Property & Casualty Insurance (Taishan Insurance) in a move to enter into the Chinese property and casualty (P&C) market. Financial terms of the deal were not disclosed by ERGO Group, which will execute it through its subsidiary ERGO […]