Allianz to Acquire Sri Lanka’s Janashakthi General Insurance for €85.9M

Allianz announced it has entered into an agreement with Janashakthi Insurance PLC (JINS) to acquire 100 of its subsidiary Janashakthi General Insurance Ltd. (JGIL) for LKR 16.4 billion (€85.9 million, or approximately US$106.3 million). The transaction is subject to regulatory …
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Allianz to Acquire Sri Lanka’s Janashakthi General Insurance for €85.9M was originally posted by ClaimsMate.com Insurance Information Resources