Muenster, Germany, (Reuters) – The chief executive of German public insurer and takeover target Provinzial Nordwest was stabbed on Wednesday ahead of a meeting with employees to discuss the future of the company.
Ulrich Ruether was taken to hospital after being stabbed in the chest with a screwdriver by a masked assailant in an underground parking lot, said employee works council leader Albert Roer. Police said he was released from hospital shortly afterwards.
It was not immediately clear if the attack was linked to the possible sale of the insurer to German market leader Allianz, which financial sources have told Reuters may be ready to offer more than 2.25 billion euros ($2.94 billion).
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
