Allianz statement on the completed sale of British Reserve Insurance Company

News -

Allianz statement on the completed sale of British Reserve Insurance Company

Allianz Insurance plc (Allianz Insurance) has completed the sale of British Reserve Insurance Company Limited (BRIC) to Marco Capital Holdings Limited, a European P&C run-off group. This agreement aligns with our strategy of simplifying our business.

Allianz Insurance purchased BRIC and its musical insurance portfolio in 1987. BRIC then continued to underwrite Allianz musical insurance products until 2014, when Allianz Insurance Musical began to underwrite the policies directly. Since then the BRIC has been in run-off.

The transaction has received all required regulatory approvals.

Topics

Regions

Contacts

Amy Yorston

Amy Yorston

Press contact External Communications Manager 07794266474

Paul Platt

Press contact Head of External Communications 07385 340347
Sian Baker

Sian Baker

Press contact External Communications Manager 07891 570995
Sara Robinson

Sara Robinson

Press contact External Communications Manager 07918 470463

David Gwyer

Press contact External Communications Manager 07384 533714
Enter your email address to follow Allianz Insurance plc

When you choose to create a user account and follow a newsroom your personal data will be used by us and the owner of the newsroom, for you to receive news and updates according to your subscription settings.

To learn more about this, please read our Privacy Policy, which applies to our use of your personal data, and our Privacy Policy for Contacts, which applies to the use of your personal data by the owner of the newsroom you follow.

Please note that our Terms of Use apply to all use of our services.

You can withdraw your consent at any time by unsubscribing or deleting your account.
Check your inbox

Email sent to __email__. Click the link there to follow Allianz Insurance plc.

Okay