German insurer seeking to withdraw from Compensa

German insurer Hamburg-Mannheimer (HM) has announced it is looking for a buyer for domestic insurer Compensa Group, which includes Compensa and Compensa Zycie units, as well as pension fund PTE H-M-C. HM intends to unload the group as a whole and has asked Compensa Zycie head Slawomir Walerys, together with Deutsche Bank and US-based Tillinghast Towers Perrin, to locate potential investors for the deal. Experts believe that investors will likely be more interested in Compensa Zycie and PTE H-M-C than Compensa, whose losses in 2000 exceeded zl.73 million. (Puls Biznesu, pp.1,4) M.K.