News Non-Life05 Feb 2018

Sri Lanka:Allianz makes major play by buying 100% of local general insurer

| 05 Feb 2018

Allianz, a global financial services leader, has announced that it has entered into an agreement with Janashakthi Insurance to acquire 100% of its subsidiary Janashakthi General Insurance (JGIL) for LKR16.4 billion (US$106 million).

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