Jefferies: Allianz sale of US midcorp and entertainment books a positive for AGCS
The deal struck by Allianz to offload its US midcorp and entertainment businesses to Bermudian (re)insurer Arch completes a “long-term run-off and disposal process” for a unit which has historically struggled to sustain profitability, according to Jefferies.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below