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
Related Articles:
Disparities in Rate Regulation for Personal Auto Insurance Has Negative Impacts
Philadelphia’s Martin Hayden, Jr. Joins Alliant’s Growing Team
Insurance Markets are Facing Strong Challenges; Strong Leadership Is Needed to Overcome: APCIA
Travelers Profit Rises as Catastrophe Losses Shrink
Small Business Commercial Insurance Customer Satisfaction Reaches All-Time High
Are you a retail Agent Looking for a Quote?
