Allianz News
Allianz Profit Beats Estimates; Managed Assets Reach Record
Allianz SE's giant investment business saw managed assets grow to a record as clients added 18 billion euros ($20 billion) in the first quarter, reversing outflows at the end of last year. The new ...
Allianz Reportedly Considering Bid for Deutsche Bank’s Asset Management Business
Allianz and Amundi are both considering deals to take over Deutsche Bank's asset management unit DWS, sources close to the matter said on Wednesday. Germany's biggest bank is looking at a possible ...
Lemonade’s New $300M Financing Will Propel Expanded Insurance Offerings, European Push
Tech-driven insurance startup Lemonade Inc has signed a $300 million funding round led by Japan's SoftBank Group Corp, the company said on Thursday. Other investors included insurer Allianz SE, ...
Marsh, Insurers Debut Program to Help Firms Pick Best Cybersecurity Products
What the insurance industry has done for auto and building safety products, insurance broker Marsh wants to extend to cybersecurity products. That is, recommend the cybersecurity products that are ...
Liberty Mutual, Allianz, Generali Reportedly Seeking to Invest in BBVA Insurance Arm
European insurers Allianz and Generali are vying with U.S. rival Liberty Mutual to invest in the bancassurance business of Spanish lender BBVA, four sources familiar with the matter told Reuters. The ...
Allianz Mulls 2019 Share Buyback Slowdown to Finance Acquisitions
Allianz may slow its share buyback program after the one announced this week to allow the German insurer to make small acquisitions, the group's finance chief said on Friday after reporting a 19 ...
The Latest Launches From PIMCO/Allianz, Everest and AmWINS/AXIS
PIMCO will work with corporate parent Allianz to launch its property/casualty insurance-linked securities business. Everest Insurance now offers property, commercial auto and workers compensation ...
Allianz Reportedly Negotiating to Acquire Malaysian Auto Insurer
Allianz Malaysia Bhd. has been chosen to progress in talks to acquire Malaysia's second-biggest car insurer after edging out Japanese rival Mitsui Sumitomo Insurance Co., people with knowledge of the ...