Allianz exploring sale of ~$1bn premium US mid-market unit
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Allianz exploring sale of ~$1bn premium US mid-market unit

Adam McNestrie, 
Rachel Dalton
October 17, 2023
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Allianz has appointed Morgan Stanley to run a sale process for its roughly $1bn US mid-market commercial lines business, this publication can reveal.

Sources said the proposed deal would involve the sale of a statutory entity with around $1.3bn of equity.

It is understood that Allianz made an abortive effort to offload the business, which is focused on standard commercial lines business, last...

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