CGNU moves to sell French arm

By Paul Armstrong
Updated:

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INSURER CGNU has taken another step に向かって ridding itself of big-ticket general 保険 （危険などに）さらすs by entering 排除的 交渉s with Groupama for the sale of its French 商売／仕事.

分析家s believe that the 商売／仕事, CGU Courtage, which sells 賞与金s through 仲買人s, is 価値（がある） up to £300m. It is 推定する／予想するd to 報告（する）／憶測 an operating 利益（をあげる） of £24m for 2001 but to be left with 相当な 同意して署名するing losses as a result of the 嵐／襲撃する 損失 苦しむd at Christmas.

CGU Courtage is small by CGNU 基準s, but the 決定／判定勝ち（する） to sell the 商売／仕事 was welcomed by the market as 証拠 of the group's 乗り気 to やめる markets in which it has little 影響（力）. CGNU 計画（する）s to 保持する its 利益／興味 in smaller general 保険 lines, such as home and car cover, but no longer wants to be exposed to 潜在的に-expensive 産業s such as 航空 and 商業の 所有物／資産／財産.

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