Allianz News
Allianz Raises 2013 Earnings Goal as Quarterly Profit Climbs
Allianz SE, Europe's biggest insurer, increased its target for full-year operating profit after third-quarter earnings rose 6.3 percent, beating analysts' estimates. Net income advanced to 1.45 ...
Allianz CEO Diekmann: Solvency II, Basel Create Room for Acquisitions
Michael Diekmann, chief executive officer of Allianz SE said tougher financial regulation will create takeover opportunities for Europe's biggest insurer. "If Solvency II and Basel III mean more ...
Allianz CEO: Expanding Pimco Equity Tougher Than Expected
Michael Diekmann, whose Allianz SE owns Bill Gross's Pacific Investment Management Co., said a plan by the bond-fund manager to expand into equities is proving harder than expected. Pimco's stock ...
Allianz CEO: Capital Rules Fuel Artificial Pricing of Bond Risk
Michael Diekmann, chief executive officer of Allianz SE, Europe's biggest insurer, said capital rules that encourage financial companies to invest in sovereign bonds are thwarting a solution to the ...
Allianz Global Corporate & Specialty Increases Board Focus on Market-Facing Activities
Allianz Global Corporate & Specialty AG (AGCS) today announced new responsibilities on its management board starting Jan. 1, 2014, that will increase its focus on the delivery of client and ...
Allianz Mulls Carbon Credit Expansion After Indonesia Investment
Allianz SE, Europe's largest insurer, is considering expanding its business of buying carbon emission credits after getting enough of the certificates from a project in Indonesia to help offset its ...
Axa, Allianz Report Improved P/C Results; Axa CEO de Castries to Stay On
Axa SA, Europe's second-largest insurer, said first-half operating profit gained 14 percent, beating estimates on higher property/casualty earnings. Axa jumped as much as 3.9 percent to a three-year ...
Allianz, QBE to Face Most Claims from Spain Train Derailment
Germany's Allianz and Australian group QBE bear the bulk of the insurance liability from this week's fatal train crash in northwest Spain, according to sources at the companies. While Allianz's ...