Aviva or RSA named as Allianz targets – reports
Global Allianz CEO, Oliver Bäte, is keen to make a large UK acquisition according to market rumours.
The Allianz CEO, Oliver Bäte, is targeting a big UK acquisition market reports have suggested.
The Sunday Times reported that Aviva and RSA were named as potential targets and stated that Bäte has been working with investment bankers for several months to develop a “hit list”.
Zurich and QBE were also said to be in the frame.
XL Catlin
Allianz was linked with XL Catlin in February last year. However it was eventually sold to Axa and the deal – which valued XL Catlin at £11.1bn – was announced
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