7. Allianz

Gross premiums written: £2.17 billion (2017)

Recently, Allianz UK and LV General Insurance Group (LV GIG) reached an agreement to purchase both companies for a combined amount of £820 million, or £578 million and £242 million, respectively.

After purchasing 49% of LV GIG in 2017, Allianz planned to possess 100% of the company by the end of 2019, but instead, it decided to buy the remaining shares concurrently with the L&G transaction, making it the second-largest UK insurer, after Aviva.

Allianz offers both commercial and all of the main general insurance product lines....NEXT.......BACK

Post a Comment