Fosun said to have approached Alleghany about buying division/s; Swiss RE also believed to be circling US insurance group

I'm hearing from top sources that Fosun, the fast growing private Chinese conglomerate, is interested in buying parts of Alleghany Corporation, the US-listed insurance group.

Indeed, I have been told Fosun - which is run by entrepreneur Guo Gaungchang, often dubbed the 'Warren Buffett of the East' - has already expressed an interest in purchasing divisions of Alleghany.