Insurance firms Allianz SE and Insurance Australia Group Ltd. are among parties considering bidding for Western Australia’s top insurer, according to people familiar with the matter.
Allianz and IAG are mulling the offers for the insurance arm of The Royal Automobile Club of Western Australia, according to the people, who declined to be identified discussing confidential information. The firm tapped Barrenjoey to run a strategic review of this business, the Australian Financial…
