November 23, 2024
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Allianz buys out Zurich’s Morocco unit

Allianz has agreed to buy Zurich’s Morocco unit, the seventh largest insurer in the country for a sum of EUR244 million. Zurich Assurances Maroc has 600,000 customers and generated EUR114 million in gross premiums in 2015, Allianz said in a statement, adding that it would also make use of the unit’s licenses to sell life […]
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