Allianz in Acquisition of Mensura Insurance Business

Cleary Gottlieb represented Allianz in its acquisition, announced on June 19, 2012, of the insurance business of Mensura Caisse Commune d’Assurances for an undisclosed consideration. The transaction is a rare example of a private demutualization of a Belgian insurance company. Closing is subject to customary regulatory approvals.

Mensura is a specialized insurer offering various workers compensation products. Allianz is a leading global financial services group.