Allianz bolsters private credit bet with new $1.6 bln fund

[ad_1] The logo of Europe’s biggest insurer Allianz SE is pictured in Unterfoehring, near Munich February 26, 2014. . REUTERS/Michaela Rehle Acquire Licensing Rights LONDON, Aug 18 (Reuters) – Allianz…

Wildfires to cause second-largest total insured loss in Hawaii’s history

[ad_1] The damage at the Ho’Onanea condominium complex is seen in the aftermath of a wildfire, in Lahaina, Maui, Hawaii, U.S. August 10, 2023. REUTERS/Jorge Garcia Aug 11 (Reuters) –…

China says EU investment deal gives legally binding market-access commitments

[ad_1] BEIJING, Dec 30 (Reuters) – Chinese companies will receive binding commitments of access to the EU market under a new investment agreement, while China will open up its financial,…

Allianz posts better-than-expected 18% rise in quarterly profit

[ad_1] The logo of insurer Allianz SE is seen on the company building in Puteaux at the financial and business district of La Defense near Paris, outside Paris, France, May…

Allianz ex-manager must face US fraud charges related to $7 bln investor loss

[ad_1] The logo of insurer Allianz SE is seen on the company building in Puteaux at the financial and business district of La Defense near Paris, outside Paris, France, May…

Marketmind: Final Quarter Blues

[ad_1] Trucks park at the highway A2 parking near Warsaw, Poland, September 28, 2021. REUTERS/Kacper Pempel A look at the day ahead from Saikat Chatterjee. World stocks are set for…

Assurant profit beats on global housing unit strength, higher investment returns

[ad_1] A row of residential houses stands in Brooklyn’s neighborhood of Bushwick, New York, U.S., September 16, 2022. REUTERS/Amr Alfiky/File Photo Aug 1 (Reuters) – Insurer Assurant Inc (AIZ.N) sailed…

Novo Nordisk weight-loss drug Wegovy launched in Germany, first big EU market

[ad_1] FRANKFURT, July 29 (Reuters) – Novo Nordisk has launched blockbuster weight-loss drug Wegovy in Germany, its first big European market, hoping Germans will pay hundreds of euros out of…

Italy’s top insurers, banks strike Eurovita rescue deal

[ad_1] MILAN, June 30 (Reuters) – Italy’s top four insurers and Germany’s Allianz (ALVG.DE) have agreed a multi-billion euro rescue deal for Eurovita, industry supervisor IVASS said on Friday after…

Exclusive: Italian prosecutors investigate Cinven-owned Eurovita

[ad_1] MILAN, June 22 (Reuters) – Prosecutors in Milan have opened an investigation into Eurovita, a small life insurer that has been placed under special administration by Italian authorities, two…