UPDATE 1-Allianz, Volkswagen Financial launch car insurance venture


FRANKFURT, Sept 26 (Reuters) - Allianz SE and Volkswagen Financial Services AG are forming a joint venture to sell car insurance to VW customers that the two companies plan to roll out worldwide, they said on Wednesday. The two companies have been cooperating for more than 60 years but expect the joint venture to deliver "a clear jump in growth and profitability," Karsten Crede, chief executive of Allianz's global automotive business, told a news conference. The ...

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