Final Four a ‘Big-Ticket’ for Insurers Covering NCAA Tournament March 29, 2019 By Stephanie K. Jones If the NCAA’s Final Four basketball games were to be cancelled or postponed for any reason, that would be really,...
BNP Paribas’ Insurance Unit Cuts Exposure to Coal on Climate Change Concerns March 19, 2019 The Cardif insurance division of BNP Paribas, France’s largest bank, on Monday outlined new targets to reduce its exposure to...
Allianz Explores Deal with Deutsche Bank’s Asset Management Arm: Sources March 18, 2019 By Steven Arons, Jan-Henrik Förster, Harry Wilson and Dinesh Nair Allianz SE is exploring the possibility of a combination of its asset management arm with Deutsche Bank AG’s DWS Group...
Allianz, Generali & Liberty Mutual Vying to Invest in BBVA Bancassurance Arm: Sources February 28, 2019 By Pamela Barbaglia European insurers Allianz and Generali are vying with U.S. rival Liberty Mutual to invest in the bancassurance business of Spanish...
Allianz Targets Tech, Insurance Investments with $1.1B Venture Capital Fund February 20, 2019 By Giles Turner European insurer Allianz SE is increasing the size of its tech investment fund to 1 billion euros ($1.1 billion), making...
Allianz Q4 Net Profit Rises 19% to $1.92 Billion February 15, 2019 Allianz may slow its share buyback program after the one announced this week to allow the German insurer to make...
Once Known as the ‘Bond King,’ Gross Retires After 40-Year Career February 5, 2019 By John Gittelsohn Bill Gross, who transformed bond investing over a storied four-decade career, is leaving the stage after a tough final chapter....
Allianz Has Reinsurance Exposure to Vale Dam Disaster: Sources January 29, 2019 By Alexander Hübner German insurer Allianz may have to cover some of the costs of the dam collapse at Vale’s Corrego do Feijao...
Brazil Weighs Management Overhaul at Vale After Mine Disaster; Death Toll Rises January 29, 2019 By Gram Slattery Brazil’s government weighed pushing for a management overhaul at iron ore miner Vale SA on Monday as grief over the...
Allianz Enters Formal Negotiations to Buy Malaysia Car Insurer: Sources January 29, 2019 By Joyce Koh, Elffie Chew and Manuel Baigorri Allianz Malaysia Bhd. has been chosen to progress in talks to acquire Malaysia’s second-biggest car insurer after edging out Japanese...