Allianz to Buy SulAmérica’s Auto, Other P/C Insurance Operations

Allianz has agreed to acquire automobile and other property/casualty insurance operations from Brazil’s SulAmérica for BRL 3 billion (667 million euros). Allianz said the acquisition will strengthen its competitive position in Brazil, making it one of the top three insurers …

from News – Insurance Journal https://ift.tt/2L4zTFO