Germany’s Allianz to buy 98 pct stake in Nigerian insurer
Germany’s Allianz plans to pay $35 million for 98 percent stake in Nigerian insurer, Ensure Insurance in a push for growth in Africa, where many people are uninsured. Foreign insurers are banking on growing premiums as the continent develops its infrastructure and a consumer class demands protection from risk. Allianz said that it would acquire […]
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