SulAmérica News

Brazilian Hospital Chain Rede D’or Acquires Insurer SulAmerica for $2.6 Billion

Rede D’or said on Wednesday it has agreed to acquire insurer SulAmerica Seguros in a 13 billion-real ($2.6 billion) deal combining Brazil’s largest hospital network with one of the country’s major independent insurance companies. The purchase extends a trend for …

Allianz Acquires P/C, Auto Insurer from Brazil’s SulAmérica for Nearly $600M

Allianz has finalized the acquisition of the automobile and other property & casualty business from SulAmérica in Brazil. This follows the announcement of the deal on August 23, 2019. The transaction enlarges the service offering for customers and grows Allianz’ …

Allianz to Buy SulAmérica’s Auto, Other P/C Insurance Operations

Allianz has agreed to acquire automobile and other property/casualty insurance operations from Brazil’s SulAmérica for BRL 3 billion (667 million euros). Allianz said the acquisition will strengthen its competitive position in Brazil, making it one of the top three insurers …

AXA to Acquire Large Commercial Risks Subsidiary of SulAmérica

AXA announced it has entered into an agreement with SulAmérica SA to acquire 100 percent of its large industrial and commercial risks insurance subsidiary, SulAmérica Companhia de Seguros Gerais, for 135 million Brazilian real ($44.7 million ). The subsidiary handles …