Tag: Allianz

Capital and Risk, Insurance

Allianz Returns to Q4 Net Profit After U.S. Funds Debacle

February 17, 2023

Via: Insurance Journal

Germany’s Allianz on Friday swung to a fourth-quarter net profit, rebounding after taking big charges a year earlier for a U.S. funds scandal and as a higher investment margin boosted its life and health insurance business. But its asset management […]

Activity, Insurance

Allianz Expansion Plan Includes $1 Billion for Insurers

May 31, 2019

Via: Insurance Journal

Allianz SE agreed to buy two insurance businesses in the U.K. in deals valued at a combined $1 billion, transforming the firm into the second-biggest general insurer in the country. The Munich-headquartered company agreed to acquire the general-insurance business of […]