Allianz acquires 98% equity stake in Nigeria’s Ensure Insurance

Allianz Group, one of the world’s leading insurers and asset managers with more than 86 million retail and corporate customers on Wednesday announced a binding agreement to acquire 98 percent of Nigerian insurer, Ensure Insurance Plc from its core shareholder Greenoaks Global Holdings Ltd. With this acquisition, Allianz Group which manages over 650 billion euros…

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