If an agreement is reached, Sul America said, the firm’s operations would be concentrated in health, dental, life and pension insurance and asset management products.
Allianz Offers to Buy P&C, Auto Units from Sul America
Brazilian insurer Sul America SA has received a non-binding offer from Germany’s Allianz SE for its property and casualty (P&C) and auto units, it said in a filing on Tuesday, adding that the two companies are in bilateral talks.
Source: Reuters | Published on July 3, 2019
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