German insurance giant Allianz confirmed on Monday that the firm is the main insurance comapany for AirAsia, the operator a plane that has been missing since Saturday.
Bayern Munich has signed a €110 million investment deal with insurance giant Allianz, securing funds for its stadium and youth training centre, the club announced on Tuesday.
US securities regulators charged German insurer Allianz SE on Monday with bribing Indonesian government officials, and fined the company $12.3 million for violating overseas corruption laws.
Germany’s biggest trade union has accused insurance giant Allianz of making a multi-million euro payment to help laid-off workers conditional on the union calling off a protest rally.
German banks and insurance companies were prepared to contribute more to the Greek debt relief deal than was eventually agreed at Thursday's emergency eurozone summit, a newspaper report claims.
Germany's Allianz became on Wednesday the latest insurance giant to see its profits hit by claims related to a string of natural disasters, most notably Japan's monster earthquake and tsunami.
With some 4 million Germans suffering from depression, reduced productivity and early retirement are causing rising economic costs of up to €22 billion each year, a new report said this week.
German insurance giant Allianz said Thursday that it foresees an operating profit of €8 billion ($11 billion) this year, accurate to more or less half a billion.
A new survey shows Germany’s largest companies are overwhelmingly opposed to a mandatory quota for women in executive positions, with only one firm coming out in favour.
German insurer Allianz has set aside a €1 billion ($1.37 billion) for future acquisitions but will take its time and shop carefully, chief executive Michael Diekmann said on Monday.
The German insurance giant Allianz said on Friday that its second-quarter net profit plunged by 45.6 percent from the same period a year earlier to €1.02 billion.
The deadly Atlantic storm ‘Xynthia’ could end up costing German insurance giant Allianz €300 million after leaving a wake of destruction across Europe last weekend.
German insurance giant Allianz brandished on Thursday strong 2009 results as it emerged from the global financial crisis in good shape, while remaining modest for 2010.
Germany's insurance giant Allianz foresees a massive recovery for the country's economy this year, with growth exceeding official forecasts and unemployment rising only marginally, a report said Friday.
German insurance giant Allianz has reported a net loss of €2.02 billion for the third quarter, saying it has taken a big hit from the turmoil in financial markets and its Dresdner Bank arm.
German insurance giant Allianz said on Sunday it would sell the nation's third-largest private bank, Dresdner Bank, to number two Commerzbank for €9.8 billion ($14.4 billion).
Shares in the German insurance group Allianz plunged on Thursday after the group warned that it would not reach its operating profit target going into 2009 following a difficult second quarter.
The German insurer Allianz and Commerzbank have put forward a joint bid for Postbank worth €10 billion ($15.7 billion), the weekly <i>Manager Magazin</i> reported on its website Thursday.
Siemens is seeking insurance reimbursement for a portion of the damages from a corruption scandal currently under investigation, newspaper <I>Financial Times Deutschland</I> reported in its Monday edition.
