Allianz Expansion Plan Includes $1 Billion for UK Insurers May 31, 2019 By Will Hadfield Allianz SE agreed to buy two insurance businesses in the U.K. in deals valued at a combined $1 billion, transforming...
Allianz Invests in Canadian Robo Adviser Wealthsimple, Leading $75M Funding Round May 23, 2019 By Sandrine Rastello Wealthsimple, the Canadian robo adviser company controlled by Power Financial Corp., is gaining another behemoth shareholder as it slowly gears...
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 Weighs Bid for Deutsche Bank’s Asset Management Business: Sources April 24, 2019 By Arno Schuetze Allianz and Amundi are considering rival deals to tie up their asset management units with Deutsche Bank’s DWS, sources close...
Bayer Detects and Covertly Monitors Cyber Attack – Before It Removes Threat April 4, 2019 By Patricia Weiss and Ludwig Burger German drugmaker Bayer has contained a cyber attack it believes was hatched in China, the company said, highlighting the risk...
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...