Looking For Market Distribution? Download the Media Kit
Brazilian insurer Sul America SA has sold its auto unit and other parts of its business to Germany’s Allianz SE for 3 billion reais ($734 million), it said in a filing on Friday.
Source: Reuters | Published on August 23, 2019
Last month, Sul America said Allianz had made a non-binding offer for its property and casualty (P&C) and auto units, and that if an agreement was reached, Sul America’s operations would be concentrated in health, dental, life and pension insurance and asset management products.
Are you retail Agent Looking for a Quote?