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The Latest Breaking News from Allianz SE

Climate crisis on track to destroy capitalism, warns top insurer

Action urgently needed to save the conditions under which markets – and civilisation itself – can operate, says senior Allianz figure

The Guardian - UK

Allianz Sells US Insurance Unit For Allianz Sells US Insurance Unit For Top News.4 Billion.4 Billion

Allianz divests its US insurance unit, Fireman's Fund, for Allianz Sells US Insurance Unit For Top News.4 Billion.4 billion to enhance focus and efficiency in the evolving insurance market.

Top News

3 Insurance Stocks That Continue to Look Strong Despite a Catastrophic Economy

During economic uncertainty, the insurance sector could be worth looking at due to its relative stability compared to other sectors. The insurance industry could benefit as the Fed contemplates more interest rate hikes. Therefore, it could be wise to consider investing in fundamentally strong insurance stocks Allianz SE (ALIZY), Loews…

StockNews.com

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Technopark firm gives push to plastic waste management

Thiruvananthapuram

The Hindu

German Insurer Allianz Agrees To $6B Fraud Settlement With US Authorities

German insurer Allianz SE (OTC:ALIZY) has agreed to a $6 billion settlement with U.S. authorities, the Financial Times reports. Allianz's investment arm will plead guilty to securities fraud after a scandal at its funds business left investors nursing billions of dollars worth of losses. The victims included teachers, clergy, bus drivers, and engineers,…

Benzinga

Germany's Allianz Sets Aside Additional $2B For Fund Fiasco: Reuters

Allianz SE (OTC:ALIZY) said it would set aside another €1.9 billion ($2 billion) as it braces for the outcome of U.S. regulatory investigations into a multibillion-dollar trading debacle at its fund's arm. The collapse of a $15 billion set of investment funds during the pandemic market turmoil in early 2020 has cast a…

Benzinga

4 Insurance Stocks to Buy for Rising Interest Rates in 2022

U.S. Treasury yields have been rising since the beginning of the year. This, along with expected Federal Reserve interest rate increases later this year, bodes well for the insurance sector. Given this backdrop, we think it could be wise to add quality insurance stocks Allianz SE (ALIZY), The Hartford Financial…

StockNews.com

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