Allianz and Dutch development bank back $1.1 billion sustainable loans fund
By Tommy Wilkes and Simon Jessop LONDON (Reuters) – Allianz Global Investors and Dutch development bank FMO have agreed one of the largest “blended finance” …
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Allianz retains full-year outlook despite 30% slump in Q3 profit
FRANKFURT (Reuters) – Germany’s Allianz on Friday posted a 30% fall in its third-quarter net profit, dragged down by claims from natural catastrophes, although the …
Allianz sounds positive note on outlook after profit beat
FRANKFURT (Reuters) – German insurer Allianz on Thursday was optimistic on its outlook for the full year after reporting a better-than-expected 18% rise in second-quarter …
Allianz ex-manager must face US fraud charges related to $7 billion investor loss
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge has rejected former Allianz fund manager Gregoire Tournant’s bid to dismiss a criminal fraud case …
Allianz applies to set up new fund management unit in China
By Selena Li HONG KONG (Reuters) – Allianz Global Investors (AllianzGI) has become the latest foreign asset manager to seek Beijing’s approval to expand in …
Australian regulator lifts additional capital overlay on Allianz Australia
(Reuters) -Australia’s prudential regulator said on Thursday it has scrapped the additional capital requirement of A$150 million ($101.64 million) placed on the local unit of …
Three Portfolio Managers And Allianz Global Investors U.S. Charged In Connection With Multi-Billion Dollar Fraud Scheme
Allianz Global Investors U.S. LLC Also Charged With Securities Fraud, Agrees to Plead Guilty Damian Williams, the United States Attorney for the Southern District of …
Germany’s Allianz and its U.S. funds troubles
FRANKFURT – Germany’s Allianz has agreed to pay about $6 billion and its U.S. asset management unit will plead guilty to fraud after a group …
Allianz very likely to fully exit Russia, CFO says
By Tom Sims and Alexander Hübner FRANKFURT -Allianz, which has already stopped accepting new business in Russia, will probably fully exit the country, the German …
Ship insurance claims to rise as Black Sea remains high risk area – Allianz
By Jonathan Saul (Reuters) – Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine …
Allianz CEO wants to resolve fund debacle soon
FRANKFURT – Allianz wants to resolve investigations into its Structured Alpha investment funds soon, Chief Executive Oliver Baete told shareholders on Wednesday. The demise of …
Germany’s Allianz halts new business in Russia
FRANKFURT – The German insurer and asset manager Allianz said on Monday that it had put a stop to insuring new business in Russia and …
Arkansas teachers settle with Allianz over fund debacle
FRANKFURT – A pension fund for teachers in Arkansas has settled with Allianz and dropped its lawsuit over losses in a multibillion-dollar trading debacle at …
Multiple investors file to end Allianz lawsuits over funds collapse
FRANKFURT -A number of big investors on Monday filed to end their lawsuits against Allianz after a settlement was reached over their losses in a …
Allianz launches $235 million bid for Greece’s European Reliance
FRANKFURT – Allianz on Friday said it will pay about 207 million euros ($235 million) to acquire Greek insurer European Reliance, a move that will …