The insurer holds a 6.4% stake in Jelf
The sale of Jelf to Marsh looks set to earn Allianz a £13.8m windfall, with the insurer holding a 6.4% in the broking group.
Insurance Times broke the story earlier this morning that Marsh had entered in to talks with Jelf about a takeover of the £178m worth firm.
Allianz has held a 6.4% stake in Jelf since 2007, originally costing them £3.25m.
At Jelf’s current share price, their stake is worth £13.8m, an increase of 324%
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.
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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