Allianz is closely linked to Liverpool Victoria through a major corporate structure involving their general insurance division. Allianz acquired a significant stake and eventually took full ownership of the LV= general insurance business, meaning that car and home insurance policies underwritten through that specific arm are part of the Allianz operations. However, other independent sections of the original Liverpool Victoria group, such as the life insurance and pensions arm, remained separate entities and were not part of the Allianz general insurance acquisition.
1 votes
Marked as accepted