Clean Break: the company completely halting Russian engagements or exiting Russia
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Allianz
Allianz
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 WithdrawalGlob.Revenue, mln.USD
120182
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, 2024 | Ingosstrakh filed a claim against 20 foreign reinsurers |
| June 12, 2023 | Allianz very likely to fully exit Russia, CFO says |
| May 18, 2023 | The German insurance giant Allianz closed the deal for the sale of control in the Russian business |
| May 18, 2023 | Allianz Insurance Group Closes Deal to Sell Control in Russian Subsidiary |
| May 04, 2023 | German insurers renew cover for blast-damaged Nord Stream gas link |
| November 10, 2022 | Allianz deal to sell Russia operations faces delay due to regulator |
| June 03, 2022 | Allianz to sell majority stake in Russian operations to Interholding |
| May 12, 2022 | Allianz very likely to fully exit Russia, CFO says |
| March 25, 2022 | Our thoughts go out to our Ukrainian and Russian colleagues |
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