PressNewsFinancialsStakes and investments: Marhaba Allianz Morocco!

Marhaba Allianz Morocco!

Service & Contacts

Allianz Group Communications
Koeniginstr. 28
80802 Munich
Germany

Contact overview

Receive the latest Allianz news.

Newsletter

Follow Allianz in the social networks:

Facebook
Twitter
Google+
LinkedIn

  • Contact

  • Newsletter

  • Social Media

Zurich Assurances Maroc has joined the Allianz family as the acquisition of the Moroccan company closes.

 

Allianz SE
Munich, Nov 04, 2016

Allianz Group has completed the acquisition of Zurich Assurances Maroc from Zurich Insurance Group, strengthening its presence in Africa.

The acquisition also marks Allianz’s entry into the fast-growing insurance market of Morocco, the second-largest in the African continent.

With its 65-year history and its more than 600,000 customers, Zurich Assurances Maroc will help Allianz develop its business in the Moroccan market. The group believes this market has significant growth potential in both retail and corporate insurance.

For customers, this means innovative insurance solutions, customized and accessible claims-handling and high-quality service, says Dirk De Nil, the managing director of Zurich Assurances Maroc.

“This acquisition of a profitable company with skills essential to our future development marks the entry of Allianz Group in a promising market," says Sergio Balbinot, member of the board of Allianz SE, responsible for Africa, Southern and Western Europe, India and the Middle East. “In addition, through our African and global presence, we will be able to support our customers in their local and international activities,” he says.

One of the larger insurance companies in Morocco, Zurich Assurances Maroc generated 114 million euros in gross premiums written in 2015.

  Forward Looking Statement disclaimer

As with all content published on this site, these statements are subject to our Forward Looking Statement disclaimer:

 

  Press contact

Christian Kroos
Allianz SE
Phone +49 89 3800 5043
Send email

  More at allianz.com

Risk Barometer 2018: Business interruption and cyber incidents dominate risk landscape in 2018

Allianz-Risk Barometer 2018: Business interruption and cyber incidents dominate risk landscape in 2018
Jan 16, 2018 | Allianz SE

They take aim at the backbone of the connected economy and, when they strike, can jeopardize the success, or even the existence, of companies of every size and sector. Business interruption (#1 with 42 percent of responses / #1 in 2017) and Cyber incidents (#2 with 40 percent of responses, up from #3 in 2017) are this year’s top business risks globally, according to the Allianz Risk Barometer 2018.

More...

Season of Extremes

Allianz-Season of Extremes
Jan 12, 2018 | Allianz SE

Extreme weather events, such as the mudslide that struck Southern California this week and killed at least 17 people, can be expected to increase in frequency and intensity...

More...

Politically Correct: Risks from Populism

Allianz-Politically Correct: Risks from Populism
Jan 10, 2018 | Allianz SE

Rising populism in politics is making the economic environment uncertain. Companies must gear up to cope with the risk of sudden political and legal shocks, writes expert Katinka Barysch...

More...
More...