Allianz Weighs Options for AllianzGI Unit: Sources October 25, 2024 By Amy-Jo Crowley, Alexander Hübner, Andres Gonzalez and Anousha Sakoui Allianz is weighing options for its Allianz Global Investors unit, including a possible merger or partial sale of the division,...
Aspen and Allianz’s PIMCO Launch Casualty-Focused Reinsurance Vehicle April 17, 2024 Aspen Insurance Holdings Ltd. and PIMCO Investment Management Co. announced the formation of Pando Re Ltd., a Bermuda-domiciled collateralized re/insurer...
Pimco Sued Over ‘Fraternity’ Culture by Minority Ex-Workers May 18, 2022 By Malathi Nayak Pacific Investment Management Co. now has both men and women suing over a “fraternity” culture that allegedly favors White males....
Former Bank of England Chief Carney Joins Advisory Board of Allianz’ PIMCO September 18, 2020 Former Bank of England Governor Mark Carney will join the advisory board of PIMCO, one of the world’s biggest bond...
PIMCO and Allianz Partner to Launch Insurance Linked Securities Business January 28, 2019 PIMCO, the Newport Beach, Calif.-based fixed income investment manager, has hired Rick Pagnani from Mt. Logan Re as executive vice...
Allianz Beats Q2 Profit Estimates with Help of PIMCO Bond Fund Unit August 3, 2018 By Julie Edde Allianz SE said strong growth across its businesses lifted second-quarter profit as Europe’s largest insurer keeps the market waiting on...
Financial Markets’ Volatility Will Hit Allianz’ Fund Business, Warns Board Member July 6, 2018 By Alexander Hübner and Tom Sims Recent volatility in financial markets will curb inflows this year into Allianz’ asset management business, which includes U.S. bond giant...
Allianz Reports 22% Drop in Q4 Profit but Still Plans Dividend Hike February 16, 2018 By Julie Edde and Andrew Blackman A record year for natural-disaster insurance claims worldwide and a decline in fourth quarter profit wasn’t enough to stop Allianz...
Allianz’s PIMCO Reports Record Q2 Inflows of $62B in Ivascyn-Driven Turnaround August 4, 2017 By Oliver Suess Allianz SE three years ago bet the future of its then $2 trillion bond firm on Dan Ivascyn, a little-known...
Allianz Q2 Profit Rises 23% on Restructuring, Fewer Disaster Claims July 27, 2017 By Oliver Suess As Allianz SE Chief Executive Officer Oliver Baete slims down the insurer to cut costs, rising second-quarter profit helped by...