13 October 2023Insurance

Allianz buys profitable P&C business Tua from Generali in all-cash deal

European insurance giant Allianz is buying property and casualty (P&C) business Tua Assicurazioni from Generali in a €280 million cash deal that will increase its market share in Italy.

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Allianz buys profitable P&C business Tua from Generali in all-cash deal

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