Blog Spot: Will Allianz end up with takeover indigestion?
The Sunday Times led the way this weekend with the news that Allianz is surveying the insurer smorgasbord and keen to fill its plate.
According to sources, on the menu are: Aviva, QBE, RSA and Zurich.
Unsurprisingly everyone is refusing to comment on “rumour and speculation”.
Allianz had long been tipped as ready to snap up XL, but in the end Axa jumped the queue and got the deal done.
This left Allianz’s CEO Oliver Bäte outside the restaurant missing the party with his nose pressed up against the window. And somewhat frustrated.
LV
There is no doubt that the German insurer has considerable financial firepower and could
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