Citigroup Inc. (C) may sell its Prime Reinsurance Co. subsidiary, Bloomberg News reported Wednesday, citing people familiar with the deal.

A company presentation indicated that Prime Re had $7 billion in assets as of Sept. 30, 2013, Bloomberg reported.

Full story at http://www.bloomberg.com/news/articles/2015-04-01/citigroup-said-to-be-preparing-sale-of-prime-reinsurance-unit

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