Allianz to acquire Brazilian insurer Sul América's auto and P&C portfolio for €667m

23-08-2019

Allianz to acquire Brazilian insurer Sul América's auto and P&C portfolio for €667m

Allianz

German insurer Allianz is acquiring the automobile and other property/casualty operations of Brazilian insurer SulAmérica for R$3 billion (€667 million), in a move it hopes will strengthen its competitive position in Latin America.


Allianz, SulAmérica, Merger and Acquisition, Insurance, Reinsurance, Property and Casualty, Motor Insurance, Brazil, Latin America

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