Behind Allianz’s $4 Billion Fund Blowup, Red Flags and Fat Fees March 11, 2022 By Neil Weinberg, Alex Wittenberg and Will Louch It’s every investor’s dream: Make money when markets go up, and when markets go down, and even when markets go...
Multiple Investors File to End Allianz Lawsuits Over Funds Collapse March 1, 2022 FRANKFURT, Germany –– A number of big investors on Monday filed to end their lawsuits against Allianz after a settlement...
“Flashing Red”: Finance System Grows More Dangerous – Allianz CEO November 19, 2021 By Tom Sims and Alexander Hübner FRANKFURT — Allianz Chief Executive Officer Oliver Baete said on Thursday that the financial world was getting more dangerous, not...
Claims People: Allianz, Accūrō Solutions, ATF Medical June 11, 2021 By Claims Journal staff Allianz Appoints Aviation Claims Head Allianz Global Corporate & Speciality promoted Cristina Schoen as global head of aviation claims in...
Allianz Wins Order Requiring Other Insurers to Contribute to Defense of Asbestos, Pollution Claims March 26, 2021 By Jim Sams Carriers that insured Freightliner Corp. before it was purchased by Daimler-Benz AG in 1981 — even those that entered into...
Insurers Face ‘Mind-Blowingly’ Large Loss if Olympics Canceled January 28, 2021 By Carolyn Cohn and Noor Zainab Hussain LONDON — Insurers are facing a $2-3 billion loss if the Tokyo Olympics are canceled this year, amounting to the...
Sources: Insured Losses From Beirut Blast Seen Around $3 Billion August 7, 2020 By Noor Zainab Hussain and Carolyn Cohn Insured losses from the Beirut port warehouse explosion are likely to total around $3 billion, similar to those from an...
UK Watchdog Aims For July Court Date on Business Interruption Insurance May 7, 2020 By Carolyn Cohn and Kirstin Ridley LONDON — Britain’s Financial Conduct Authority (FCA) aims to get business interruption insurance policies examined by a court as soon...
Aging Holocaust Survivors Try to Sue Over Nazi-Era Insurance October 10, 2019 By Curt Anderson AVENTURA, Fla. — When David Schaecter was a child in Slovakia in the 1930s, he counted more than 100 people...
Fire and Hail Push Insurers to Rethink Climate Change Risks September 19, 2019 By Lena Masri LONDON — By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in...