Allianz to pay Argos-parent £11m for warranty products
Allianz is to pay Argos-owner Home Retail Group £11m under a profit share agreement relating to the run-off of warranty insurance policies.
Until June 2010 Allianz provided the group with an underwriting service for warranty products sold in Argos and Homebase.
“This credit will be recognised in the current financial year and will be
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