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Announced

Allianz to acquire a majority stake in the health insurance portfolio outside the Americas, Thailand and India of Aetna.

Synopsis

Allianz, an insurance and assistance company, agreed to acquire a majority stake in the health insurance portfolio outside the Americas, Thailand and India of Aetna, a health benefits and services providerr. Financial terms were not disclosed. “We’re delighted to be partnering with Aetna International and are very conscious of the trust they’ve placed in us to look after these customers. Working closely with our broker partners, our focus will be on making the transition to Allianz Partners as simple and convenient as possible for these customers. We will also be extending a very warm welcome to the Aetna International staff joining us to continue providing excellent service and support to our customers. This is a fantastic contribution to the transformation and growth story of Allianz Partners and shows our commitment to the global health market and the delivery of our strategic visionm,” Ida Luka-Lognoné, Allianz Partners CEO for Health.

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