Shares of Arch Capital Group (ACGL) hit an all-time high Friday after the insurer said its North American unit was purchasing insurance businesses written by Fireman's Fund Insurance from Germany's Al
Allianz agreed to sell Fireman's Fund, its U.S. insurance unit for mid-sized corporations and entertainment industry clients, to Arch Insurance for $1.4 billion, the German insurer said on Friday.
Mohamed El-Erian, chief economic advisor at Allianz, says the U.S. Federal Reserve has "turned into a play-by-play commentator—and that's not the role of the Fed."
As several London-listed investment trusts with a global and a technology focus have high exposure to the 'Magnificent Seven' US tech giants, broker Stifel warned that it was wary of a potential bu

Allianz Life Launches New Accumulation Annuity

11:31am, Tuesday, 19'th Mar 2024
MINNEAPOLIS--(BUSINESS WIRE)--Allianz Life Insurance Company of North America (Allianz Life) announced today that its newest accumulation-focused product, Allianz Accumulation Advantage+TM Annuity, is
SAN FRANCISCO--(BUSINESS WIRE)--Elements of Allianz Trade's trade credit insurance policies can be administered from within Nuvo.
Allianz Chief Economist Ludovic Subran says the European Central Bank will find itself in a pickle this year if it ends up cutting interest rates without the Federal Reserve doing likewise. For m
Oliver Bäte, CEO of Allianz, discusses the financial services company's earnings.
MUNICH--(BUSINESS WIRE)--February 23, 2024 12M 2023: Total business volume rises 5.5 percent to 161.7 billion euros Operating profit increases 6.7 percent to 14.7 billion euros primarily driven by the

Allianz nearly doubles Q4 net profit

01:13am, Friday, 23'rd Feb 2024
Germany's Allianz nearly doubled its fourth-quarter net profit from a year earlier, a figure that came in just slightly below expectations, figures on Friday showed.
According to a recent Bloomberg article, annuity sales in the U.S. could hit $700 billion over the next two years. In 2023, they hit a record of $385 billion, 23% higher than in 2022.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
Reaching retirement and having enough capital to build a dividend money machine are dreams shared by many. With life expectancy on the rise, high yield alone is no longer sufficient; we need to plan f
Allianz CEO Oliver Bäte discusses the main risks to the global economy in 2024, namely simmering political tensions ahead of a slew of elections.
A growing detachment between political leaders and populations presents the biggest risk in a busy election year, says Allianz CEO Oliver Bäte.
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