Clean Break: the company completely halting Russian engagements or exiting Russia

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Allianz SE is the largest German insurance company and one of the largest in the world.

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal
Revenue(RF), mln.USD
5
Assets(RF), mln.USD
8
Glob.Revenue, mln.USD
120182
Taxes(RF), mln.USD
1
The Company Statement
June 19, 2023

Allianz to sell majority stake in Russian operations to Interholding. Allianz deal to sell Russia operations initially faced delay due to regulator. German insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled Nord Stream 1 gas pipeline. Allianz has closed a deal for the sale of a controlling stake in its Russian subsidiary Alliance to Interholding, which owns Zetta Insurance. The company fully transfers control over its Russian portfolio to the Zetta Strahovanie group and ceases participation in the operational activities of the business, reports the press service of Allianz in Russia.

January 10, 2024Ingosstrakh filed a claim against 20 foreign reinsurers
June 12, 2023Allianz very likely to fully exit Russia, CFO says
May 18, 2023The German insurance giant Allianz closed the deal for the sale of control in the Russian business
May 18, 2023Allianz Insurance Group Closes Deal to Sell Control in Russian Subsidiary
May 04, 2023German insurers renew cover for blast-damaged Nord Stream gas link
November 10, 2022Allianz deal to sell Russia operations faces delay due to regulator
June 03, 2022Allianz to sell majority stake in Russian operations to Interholding
May 12, 2022Allianz very likely to fully exit Russia, CFO says
March 25, 2022Our thoughts go out to our Ukrainian and Russian colleagues
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