Allianz 'not exiting Egypt'
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Allianz 'not exiting Egypt'

Allianz 'not exiting Egypt'

German insurance firm Allianz has said it is not considering leaving the Egyptian market and would rather intensify its operations, despite the political and economic situation, Mena has reported. Allianz, which runs Allianz Egypt and Allianz Life Assurance Egypt, has 45,000 customers and 13 sales offices in the country, said Allianz CEO Udo Kruger. "We are not exiting the Egyptian market, as rumoured," said Kruger.

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