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...
Drugmaker Sanofi Ordered to Compensate French Family for Epilepsy Drug Side Effects May 16, 2022 PARIS – A French court has ordered Sanofi to pay more than 400,000 euros ($416,440) in damages to a family...
Allianz Sets Aside Another $2 Billion for Structured Alpha Fund Debacle May 11, 2022 By Tom Sims and Alexander Hübner Germany’s Allianz said on Wednesday it would set aside another 1.9 billion euros ($2 billion) as it braces for the...
Multiple Marine Insurance Claims Expected From War in Ukraine: Allianz May 10, 2022 By Jonathan Saul Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine...