L&G home insurance set to be sold..29 Apr 2019 17:33
German insurance giant Allianz is in advanced talks to buy Legal & General's home insurance business, it has been reported.
The L&G division, which provides home cover and pet insurance, was put up for sale last year.
Allianz is now in exclusive talks to acquire the business, with a transaction thought to be imminent that could value the unit between £250million and £350million.
According to Sky News 29Apr 2019 @1519Hrs.