Four insurers battle for Spanish market share with Caser takeover - sources
Share:
LONDON/MADRID (Reuters) - The Netherlands' biggest insurer NN Group NV and Belgian rival Ageas are vying to win market share in Spain as they prepare final bids to take control of domestic insurer Caser Seguros ahead of a Dec. 3 deadline, sources said.Switzerland's Helvetia and Spain's Santa Lucia are also vying for control of the 77-year old company which is backed by French insurer Covea and a series of Spanish banks.The auction, led by Nomura and Barclays, is expected to wrap up before..