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

Adam McNestrie,

17 October 2023

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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Allianz News M&A

Adam McNestrie

Editor-at-Large

Rachel Dalton

Lead Reporter