Allianz completes sale of Allianz Life Insurance Korea to Anbang

Allianz SE | Seoul/Singapore/Munich | Dec 30, 2016

Allianz has successfully concluded the sale of Allianz Life Insurance Korea to Anbang Group Holdings. The transaction, announced in April, followed an extensive review by Allianz to secure long-term growth for Allianz Life Insurance Korea.

Allianz SE, the international financial services company headquartered in Munich, today announced it has successfully concluded the sale of Allianz Life Insurance Korea to Anbang Group Holdings.

Allianz announced in April 2016 that it would sell its South Korean life insurance operations to Anbang. The transaction followed an extensive review by Allianz to secure long-term growth for Allianz Life Insurance Korea.

Forward Looking Statement disclaimer

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

Disclaimer

Press contact

Thomas Atkins
Allianz SE
Phone +49 89 3800 2960
Send email

May Kek
Allianz Asia
Phone +65 63958118
Send email

More at allianz.com

Nov 06, 2020

Allianz achieves 2.9 billion euros operating profit in 3Q 2020

Oct 29, 2020

Allianz and Telefónica create a partnership to deploy fiber in Germany through an open wholesale company

Oct 26, 2020

Allianz to invest in Portuguese gas distributor Galp Gás Natural Distribuição

63 releases in total

Earnings Release: 1Q 2024