OS Climate Launches Tools to Help Firms, Investors Make Climate-Friendly Decisions July 21, 2022 By Simon Jessop Non-profit OS Climate on Wednesday launched the first in a series of free tools to drive climate-friendly decision making by...
Markets/Coverages: Physicians Mutual Unleashes Pet Insurance; Allianz Expands Cyber Capacity for Coalition July 5, 2022 Physicians Mutual Launches Pet Insurance Physicians Mutual has launched pet insurance for dogs and cats. Physicians Mutual Pet is the...
UK Pubs Group Sues Zurich, Liberty Mutual, MS Amlin for $1.2B Over COVID BI Losses June 13, 2022 By Kirstin Ridley and Carolyn Cohn Britain’s biggest pubs group Stonegate, which is suing Zurich Insurance and two peers for 1 billion pounds ($1.2 billion) over...
Investors, Including Allianz and Swiss Re, Urge U.N. to Create Plan for Farm Emissions June 9, 2022 By Simon Jessop and Gloria Dickie Investors managing $14 trillion have urged the United Nations to create a global plan to make the agriculture sector sustainable...
Allianz to Retain 49.9% Stake in Russian Operations After Sale to Interholding June 3, 2022 The insurer Allianz said on Friday it would sell a majority stake in its Russian operations to the owner of...
British Insurance Brokers’ Assn., Allianz Create Digital Guide to Combat Underinsurance May 23, 2022 The British Insurance Brokers’ Association (BIBA) and Allianz have developed a digital guide to support brokers in helping their customers...
Allianz Buys Majority Stake in Jubilee General Insurance Co. of Tanzania May 19, 2022 Allianz has acquired a 51% stake in Jubilee General Insurance Co. of Tanzania Ltd. from Jubilee Holdings Ltd. (JHL) and...
Timeline of Key Events in Collapse of Allianz’s Structured Alpha Funds May 19, 2022 Germany’s Allianz has agreed to pay about $6 billion and its U.S. asset management unit will plead guilty to fraud...
Architect of Allianz Fraud Made $60 Million as He Lied to Investors, U.S. Says May 18, 2022 By Tom Sims and Alexander Huebner The star portfolio manager at the center of a fraud at the U.S. funds unit of Allianz SE relied on...
Allianz to Pay Over $6B for Structured Alpha Fraud, Former Fund Manager Indicted May 17, 2022 By Tom Sims, Alexander Hübner and Jonathan Stempel Germany’s Allianz SE agreed to pay more than $6 billion and its U.S. asset management unit pleaded guilty to criminal...