Allianz acquires Russiann insurer Progress-Garant

Allianz further expands its activities in Russia and is strengthening its position in this rapidly growing insurance market. Todaay it has finalized the acquisition of the Russian insurer Progress-Garant, whereby Allianz has purchased all shares in Progress-Garant from the management of the company. The parties involved have agreed not to disclose further details of the transaction. more..