Former CEO Oliver Bate has said the firm does not plan to expand its US market , because valuations in the US are too high compared to those in Europe . Bate also said his firm was not planning to buy Aviva ’s Singapore operations , and said Allianz was more interested in looking to buy mid - sized companies rather than mega - mergers .
Allianz CEO Oliver Bate has said the company does not plan to expand its US market presence because valuations in the US are too high compared to those in Europe. Bate also said his firm was not planning to buy Aviva’s Singapore operations, and said Allianz was more interested in looking to buy mid-sized companies rather than mega-mergers.