Allianz Suisse News

Allianz Transfers Legacy Life Portfolio to Resolution Re, Using Quota Share Reinsurance

Allianz Suisse Life has agreed to transfer to Resolution Re a legacy portfolio of individual life products, which have a reserve volume of around 4 billion Swiss francs (US$4.3 billion). Using quota share reinsurance, Resolution Re will assume 80% of …

Allianz Suisse to Buy DAS Switzerland from Munich Re’s ERGO

Allianz Group has agreed to acquire the legal protection insurer DAS Switzerland and the assets of DAS Luxembourg and Slovakia from German insurance group ERGO Group AG, the Munich Re subsidiary. The acquisition will strengthen the competitive position of Allianz …