Articles by Tom Sims and Jörn Poltz

Allianz Q1 Net Income Down 15.3% to $2B – in Line with 2017 Profit Goal

German insurer Allianz is optimistic about its prospects despite a very tough business environment, the German insurer said on Wednesday as it posted a slightly better than expected first-quarter profit. “We are looking optimistically to the future, though I will …

Munich Re’s New CEO Wenning to Take ‘Hard-Nosed’ Approach

Joachim Wenning admitted he would not be to everyone’s liking long before taking the helm of Germany’s Munich Re. That hard-nosed approach could prove valuable as the 52-year-old tackles falling profits, disgruntled investors and headwinds beyond his control at the …