Generali to Sell TUA Assicurazioni to Allianz in $295M Deal October 13, 2023 Generali said on Thursday that it has reached an agreement with German insurance heavyweight Allianz for the sale of TUA...
Allianz’s CFO to Take Top Job at Generali: Italian Media September 29, 2023 Allianz’s Chief Financial Officer Giulio Terzariol is set to leave his post at the German group to take a top...
Allianz Unveils €20 Billion Spending Target in Net-Zero Transition Plan September 8, 2023 By Alastair Marsh Allianz SE is planning to invest €20 billion ($21.4 billion) in renewable energy and low-carbon technology by 2030, as it...
Billion-Dollar Satellite Risks Upending Space Insurance August 28, 2023 By Todd Shields and Loren Grush Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for market-rattling claims....
China Allows Allianz to Launch Onshore Fund Management Company August 24, 2023 China’s securities regulator on Thursday granted approval to Allianz Global Investors (Allianz GI) to set up an onshore fund management...
Allianz Q2 Profit Jumps 7.1% on Higher Results from US Life & Health Insurance August 10, 2023 Allianz SE, the German owner of bond giant Pacific Investment Management Co., said its second-quarter profit jumped from a year...
Allianz Ex-Manager Must Face US Fraud Charges On $7B Investor Loss August 7, 2023 By Jonathan Stempel A U.S. judge has rejected former Allianz fund manager Gregoire Tournant’s bid to dismiss a criminal fraud case over his...
Allianz Replaces UnipolSAI in UniCredit’s Insurance Venture Incontra July 10, 2023 UniCredit said on Friday it was ending a non-life insurance venture with UnipolSAI as it strengthened its relationship with Germany’s...
UN Climate Alliance Scraps Emissions Rules for Insurers After Exodus July 6, 2023 By Tommy Wilkes The Net-Zero Insurance Alliance (NZIA) has ditched all requirements for members to set or publish greenhouse gas emission-reduction targets, the...
Insurers Look to Loosen UN Climate Alliance Rules After Member Exodus: Sources July 5, 2023 By Tommy Wilkes The remaining insurers in a United Nations-backed coalition aimed at tackling climate change are poised to loosen the alliance’s membership...