German insurer Allianz will acquire a chunk of the Property and Casualty (P&C) insurance business of Italy’s UnipolSai, for €440 million. UnipolSai is a subsidiary of insurer Unipol, which achieved €1.1 billion of premiums in 2013.
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Allianz, UnipolSai, Unipol, Oliver Bäte, Klaus-Peter Röhler