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Allianz out of running to buy RBS insurance division

The list of potential suitors for Royal Bank of Scotland�s insurance division continues to dwindle, with German financial giant Allianz yesterday declaring that it had not made a bid for these operations.

The list of potential suitors for Royal Bank of Scotland's insurance division continues to dwindle, with German financial giant Allianz yesterday declaring that it had not made a bid for these operations.