Dutch bancassurer ING to sell its global insurance unit by the end of 2013
Dutch bancassurer ING Groep must sell its global insurance unit by the end of 2013, the consequence of its 10 billion euro bailout from the government last year.
Dutch bank and insurance group SNS Reaal is considering selling its pension operation Zwitserleven and its insurance unit Reaal, and has asked Goldman Sachs to study such scenarios, a Dutch paper reported on Friday.