Allianz acquires digital unit from Baloise in ‘highly competitive’ markets

Re/insurance giant Allianz has agreed to acquire digital insurer ‘FRIDAY’, operating in the German and French markets, from Swiss insurer Baloise. Baloise cites shifting economic conditions and intense competition in digital markets as reasons for the sale.

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Allianz acquires digital unit from Baloise in ‘highly competitive’ markets

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