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

2016 Results: Who said what

Allianz-2016 Results: Who said what
Feb 17, 2017 | Allianz SE

Allianz Group released its fourth-quarter and fiscal year 2016 results and announced a share buy-back program on February 16. A roundup of what the media is saying about our strong performance...

More...

2016 operating profit near upper end of target range

Allianz-2016 operating profit near upper end of target range
Feb 16, 2017 | Allianz SE

Allianz Group delivered 10.8 billion euros in operating profit in 2016, near the upper end of its target range and the fifth consecutive increase in annual operating results

More...

Sector risks: What to Watch in 2017

Allianz-Sector risks: What to Watch in 2017
Feb 15, 2017 | Allianz SE

Despite geopolitical and economic uncertainties, risk ratings are fairly stable across sectors, according to the Euler Hermes Global Sector Reports. Here are the factors to watch in 2017.

More...
More...