(Bloomberg) -- Zurich Insurance Group AG has started a processto sell its units in South Africa and Morocco as it works towardturning around its money-losing insurance operations, according topeople familiar with the matter.

Zurich is working with financial advisers on the sale of theunits, said the people, who asked not to be identified becausethe talks are private. No agreements have been reached, and theinsurer may also decide against a sale, the people said.

Zurich is undergoing a strategic review to reshape its generalinsurance business after getting hit with unexpectedly high claims.The company abandoned a high-profile takeover bid for RSA InsuranceGroup Plc and is revamping its top management, bringing innew Chief Executive Officer MarioGreco.