Allianz Unit CEO Sees Brazil Insurance Growing Up to 12% a Year

Allianz Global Corporate & Specialty CEO Axel Theis sees “significant” growth fueled by Brazil’s expanding infrastructure spending.

INN Breaking News, February 27, 2013

Juan Pablo Spinetto

(Bloomberg) -- Allianz SE, Europe’s biggest insurer, said it expects corporate and project underwriting in Brazil to grow as much as 12 percent a year as the country invests in infrastructure and the oil industry expands.

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