Allianz Raises 2020 Profit Target After 9.5% Jump in Q4 Results February 21, 2020 German insurance group Allianz announced a more ambitious profit target for this year after posting a better than expected 9.5%...
Allianz Posts Q1 Net Profit of $2.21B, a Small Rise from Q1 2018 May 14, 2019 German insurer Allianz SE on Tuesday posted a small rise in net profit in the first quarter from a year...
Allianz Wins Shareholder Approval for New Executive Pay Policy May 9, 2019 By Will Hadfield Allianz SE won shareholder approval for its new policy on management-board pay, avoiding the sort of investor backlash seen at...
Allianz Extends Contract of CEO Oliver Baete November 26, 2018 The supervisory board of Allianz SE has decided to extend Oliver Baete’s contract as chairman of the board of management...
Allianz’ Q3 Net Profit Surges 24% to €1.94B (US$2.2B) November 9, 2018 Allianz is “highly likely” to reach the upper half of its 2018 profit target range, Chief Financial Officer Giulio Terzariol...
Allianz Plans $1.16B Share Buyback Amid Abundance of Capital July 3, 2018 By Birgit Jennen Allianz SE plans to buy back as much as 1 billion euros ($1.16 billion) of its shares amid an abundance...
Allianz’ CEO Seeks Big M&A – But He Doesn’t Want to Pay for It: Opinion June 19, 2018 By Chris Hughes, Bloomberg Opinion The CEO of Europe’s biggest insurer is up for a big deal. He just doesn’t want Allianz SE to pay...
Allianz Reports 22% Drop in Q4 Profit but Still Plans Dividend Hike February 16, 2018 By Julie Edde and Andrew Blackman A record year for natural-disaster insurance claims worldwide and a decline in fourth quarter profit wasn’t enough to stop Allianz...
XL Group Attracts Interest from Allianz, Other Rivals as Potential Buyers February 7, 2018 By Matthew Monks, Eyk Henning, Ruth David and Manuel Baigorri Bermuda-based insurer XL Group Ltd. is attracting interest from rivals including Allianz SE of Germany, according to people with knowledge...
Allianz Invests $96.6M in Digital Microinsurer BIMA December 21, 2017 Allianz X, the digital investment unit of the Allianz Group, announced a $96.6 million investment in BIMA, the digital microinsurer....