Generali (Switzerland) Holding Ltd. has signed an agreement to sell its subsidiary Fortuna Life Insurance Ltd., an insurance company put in run-off in 2015, headquartered in Vaduz, to FWU AG, a German financial services provider, headquartered in Munich. The transaction remains subject to completion of certain contractual conditions, as well as the approval by relevant authorities.

Bär & Karrer is acting as legal advisor to Generali in this transaction. The team includes Thomas Reutter, Michael Trippel, Daniel Heiniger and Daniel Raun (all M&A), Peter Hsu (Insurance), Mani Reinert (Merger Control) and Jonas Bornhauser (IT).