AllianzGI Creates Unit Focused on Investing in Companies With Measurable ESG Impact January 26, 2022 By Simon Jessop and Elizabeth Howcroft Asset manager Allianz Global Investors, part of German insurer Allianz, said on Wednesday it had set up a new unit...
UK Hospitality Groups Are Back in Court With Insurers Over Lockdown Losses January 21, 2022 By Kirstin Ridley and Carolyn Cohn Some of the world’s biggest insurers are bracing as a second wave of multi-million-pound lawsuits, brought by struggling British pubs,...
Net-Zero Insurers’ Climate-Friendly Plans to Exit Coal Impeded by Antitrust Laws January 19, 2022 By Alastair Marsh A group of the world’s biggest insurers and reinsurers jointly pledging to eliminate greenhouse gas emissions from their underwriting activities...
Cyber, Business Interruption, Natural Disasters Ranked as Top 3 Business Risks: Allianz January 18, 2022 A year of unprecedented cyber-attacks, business interruption and supply chain disruption, along with natural catastrophe activity has pushed these three...
French Court Allows Class Action Against Sanofi Over Its Epilepsy Drug Depakine January 5, 2022 By Marthe Fourcade and Gaspard Sebag A French court ruled that families of children who suffered side effects from the epilepsy medicine Depakine can join in...
Insurers Sanlam and Allianz Explore Options for Their African Businesses December 22, 2021 JOHANNESBURG – African insurer Sanlam Ltd. said on Wednesday it was exploring “strategic alternatives” with Germany’s Allianz SE for their...
Allianz to Raise Dividends by 5% Each Year From 2021 December 8, 2021 German financial services company Allianz said on Friday it would increase dividends by 5% each year from 2021 as it...
Finance System Is Getting More Dangerous, Not Safer: Allianz CEO November 18, 2021 By Tom Sims and Alexander Hübner FRANKFURT – Allianz Chief Executive Officer Oliver Baete said on Thursday that the financial world was getting more dangerous, not...
Allianz Becomes First Wholly Foreign-Owned Life Insurer in China November 17, 2021 Allianz said on Wednesday that its Chinese life insurance business had received regulatory approval that will allow it to become...
Allianz Posts Better-Than-Expected Q3 Net Profit as It Emerges From COVID Pressures November 10, 2021 By Tom Sims and Alexander Huebner Allianz nudged its forecast for record profit in 2021 even higher on Wednesday after a bumper third quarter while it...