Zwitserleven up for sale

Pension group Swiss Life has put its Dutch arm Zwitserleven up for sale alongside its Belgian activities, the Financieele Dagblad reports on Thursday.

The paper says the two units are expected to raise €1bn.
Possible buyers include Aegon, Eureko, Delta Lloyd and SNS Reaal, it says. ‘This is one of the last chances for a big Dutch player to catch a medium-sized fish,’ one insider told the paper.
Zwitserleven, the fifth biggest pension group in the Netherlands, books annual premium turnover of €1.2bn.

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