Allianz Withdraws 2020 Profit Target on Pandemic Uncertainties May 1, 2020 By Stephan Kahl and Richard Weiss Allianz SE withdrew its forecast for the year as Europe’s biggest insurer struggles with the fallout from the Covid-19 pandemic....
Coronavirus Will Cause ‘Massive’ Losses Across Insurance Industry, Says Allianz CEO April 17, 2020 By Stephan Kahl, Matthew Miller and Anna Edwards Allianz SE Chief Executive Officer Oliver Baete warned the coronavirus has upended insurers’ business models and will cause “massive” losses...
Markets Are Overreacting to Threat of Coronavirus: Allianz CEO Baete February 26, 2020 By Lucca de Paoli and Suzy Waite Markets are overreacting to the threat of the rapidly spreading coronavirus and the global economy will only see a short-term...
Roehler Succeeds Theis on Allianz Board of Management February 21, 2020 Axel Theis (62), member of the board of Allianz SE responsible for insurance in German-speaking countries and Central and Eastern...
Allianz Raises 2020 Profit Target After 9.5% Jump in Q4 Results February 21, 2020 German insurance group Allianz announced a more ambitious profit target for this year after posting a better than expected 9.5%...
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 Extends Contract of CEO Oliver Baete November 26, 2018 The supervisory board of Allianz SE has decided to extend Oliver Baete’s contract as chairman of the board of management...
Allianz’ Q3 Net Profit Surges 24% to €1.94B (US$2.2B) November 9, 2018 Allianz is “highly likely” to reach the upper half of its 2018 profit target range, Chief Financial Officer Giulio Terzariol...
Allianz Plans $1.16B Share Buyback Amid Abundance of Capital July 3, 2018 By Birgit Jennen Allianz SE plans to buy back as much as 1 billion euros ($1.16 billion) of its shares amid an abundance...