Singapore Amends Law to Stop Allianz’s Insurance Deal October 17, 2024 By Philip J. Heijmans Singapore lawmakers passed an amendment to a bill that will effectively block Allianz SE’s proposed S$2.2 billion ($1.7 billion) acquisition...
Singapore Blocks $1.7 Billion Allianz-Income Insurance Deal October 15, 2024 By Philip J. Heijmans and Elffie Chew The Singapore government will block a proposed S$2.2 billion ($1.7 billion) deal by Allianz SE to buy a majority stake...
Pro-Palestinian Activists Target UK Offices of Germany’s Allianz October 8, 2024 Pro-Palestinian activists targeted the British offices of German financial services firm Allianz on Tuesday, daubing the outside with red paint...
A $9.5 Trillion Investor Group Unveils Milestone Emissions Cuts September 26, 2024 By Alastair Marsh Institutional investors holding a combined $9.5 trillion of assets say they’ve slashed portfolio emissions at a rate that aligns them...
London’s ExCel Centre Wins Insurance Appeal Over COVID-19 Losses September 6, 2024 By Sam Tobin The owners of London’s ExCel conference center on Friday won an appeal brought by insurers, including Allianz, over pandemic-related losses,...
European Insurers Enjoy Big Profits After Premium Hikes August 8, 2024 By Carolyn Cohn, Tom Sims and Yadarisa Shabong Several European insurers recorded bumper first-half profits on Thursday, as customers burnt by a pandemic, war and a pick-up in...
Singapore Monetary Authority Defends Allianz’s $1.7B Plan to Buy Income Insurance August 6, 2024 By Elffie Chew and Andrea Tan Singapore ministers addressed concerns about Allianz SE’s plan to buy a majority stake in Income Insurance Ltd., saying it would...
Arch Completes Acquisition of Allianz’s U.S. MidCorp and Entertainment Businesses August 1, 2024 Arch Insurance North America it has closed the acquisition of the U.S. MidCorp and Entertainment insurance businesses from Allianz. Nearly...
Allianz Sees Damages Worth Tens of Millions for German Vineyards July 22, 2024 By Celine Imensek Insurer Allianz SE expects to pay German winemakers tens of millions of euros in insurance claims this year after many...
Allianz Makes $1.6 Billion Offer for 51% of Singapore’s Income Insurance July 17, 2024 By Elffie Chew Allianz SE agreed to buy a majority stake in Singapore’s Income Insurance Ltd. for about S$2.2 billion ($1.6 billion) to...