Century 21 Sells $175 Million Covid Claim Insurers Won’t Pay December 2, 2020 By Jeremy Hill There’s an unusual asset up for grabs in Century 21 Stores’ going-out-of-business sale: a stake in its long-shot legal fight...
Pimco Accused of ‘Fraternity Culture’ in Suit by Female Workers November 19, 2020 By Maeve Allsup Allianz SE’s Pacific Investment Management Co. was sued by a pair of female workers who allege the money manager operates...
Don’t Be Tricky With Virus Claims, Watchdog Warns U.K. Insurers March 19, 2020 By Lucca de Paoli and Franz Wild The U.K. regulator has a message for insurers facing a likely deluge of coronavirus-related claims: play fair. Customers have found...
Commentary: Insurer CEO Can’t Simply Rewrite Rules of M&A June 21, 2018 By Chris Hughes, Bloomberg Opinion The CEO of Europe’s biggest insurer is up for a big deal. He just doesn’t want Allianz SE to pay...
Allianz Raises Dividend, Shrugs Off Hurricane Claims 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 Profit Falls 15% Due to Drop in Asset Management and P/C Earnings November 6, 2015 By Nicholas Comfort and Carolynn Look Allianz SE, Europe’s biggest insurer, said third-quarter profit dropped 15 percent as earnings at its property and casualty and asset...
Allianz to Buy Italy’s UnipolSai’s P&C Business March 18, 2014 Germany’s Allianz SE is to buy part of Italian insurer UnipolSai’s property/casualty insurance business in a deal worth up to...
Insurer Allianz Doubles Net Profit in 2012 February 22, 2013 Insurance company Allianz SE says net profit almost doubled last year as losses on Greek bonds no longer weighed down...