Insurance News

MUNICH (Dow Jones) (Insurance News) — Allianz SE (ALV.XE), Europe’s largest insurer by gross premiums, primarily plans to grow organically, but will also examine options for mergers and acquisitions as they arise, Chief Executive Officer Michael Diekmann said Thursday.

“In the wake of the financial crisis, we also expect furtherconsolidation in the insurance market,” Diekmann said at the company’sannual earnings press conference. “However, Read the rest of this entry »