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Australian review of Allianz–RAA deal resumes after two pauses

( May 26, 2025, 06:30 GMT | Official Statement) -- MLex Summary: The clock has been restarted on the review of global insurance provider Allianz Group’s proposed acquisition of RAA Insurance Holdings and its subsidiary RAA Insurance Limited, known together as RAAI, from the Royal Automobile Association of South Australia Incorporated, or RAA, after being put on hold twice since January. In an entry on its website, the Australian Competition & Consumer Commission said it received further information from RAAI and has recommenced its review. The regulator’s probe includes looking into Allianz’s plan to enter into a 20-year agreement for RAA to exclusively distribute Allianz and RAAI-underwritten insurance products. The regulator has set June 12 as the deadline for a decision.The full entry on the ACCC's website follows: ...

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