The CEO of Europe’s biggest insurer is up for a big deal. He just doesn’t want Allianz SE to pay for it. Baete has long-list of potential targets, including Zurich Insurance Group AG, Aviva Plc and RSA Insurance Group Plc. A small deal wouldn’t make much difference to Allianz, which has a market value of 76 billion euros ($87 billion). But big deals mean large premiums.
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