Tender offer raises ownership to 92%

Allianz Group has increased its shareholding in credit insurer Euler Hermes to 92.43%.

It has bought a further 29.43% stake in the credit insurer, representing a total investment of about €1.5bn.

Allianz said the investment will strengthen its position in property and casualty.

Allianz had launched the tender offer for the remaining shares in Euler Hermes it did not own on January 15. At the close of the tender offer, the remaining float on the market was 2.6m shares representing 6.12% of Euler Hermes share capital.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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