Allianz to acquire Zurich Assurances Maroc for €244m
A binding agreement has been announced for Allianz to acquire Zurich Assurances Maroc, a subsidiary of Zurich Insurance in Morocco, for €244m (£192m).
With €114m in gross written premiums last year, Zurich Assurances Maroc is the seventh largest insurer in Morocco's property and casualty market. It also has a license for life and health insurance
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