Deutsche Bank and DWS explore investment in life insurer Frankfurter Leben

Deutsche Bank and its asset management arm DWS Group are weighing the possibility of taking a “significant” minority interest in insurance company Frankfurter Leben Gruppe, reported Bloomberg. The insurance consolidator is majority-owned by Fosun International. Such a move would mark Deutsche Bank’s return to the life insurance space since it withdrew from the sector roughly ten years ago. Sources cited by the news agency indicate that both Deutsche Bank and DWS are considering injecting capital into F ...

Deutsche Bank and DWS explore investment in life insurer Frankfurter Leben - Reportify