|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||230.09 - 233.50|
|52-week range||150.35 - 233.50|
|PE ratio (TTM)||12.13|
|Forward Dividend & Yield||8.33 (3.60%)|
|1y target est||N/A|
REUTERS - German insurer Allianz SE said it had partnered with Indian conglomerate Shapoorji Pallonji Group to set up a $500 million real-estate fund aimed at the office market in India. Allianz will own ...
Allianz (AZSEY) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
Germany's Allianz (ALVG.DE) has no plans to follow rivals by putting life insurance books up for sale, a senior official said on Wednesday. Reinsurer Munich Re's (MUVGn.DE) Ergo unit is considering options for its insurance businesses Victoria Leben and Ergo Leben, which have ceased underwriting new business, it said last week. A handful of smaller portfolios of the roughly 90 German life insurers have already changed hands, including those of Arag Leben, Delta Lloyd, Basler Leben, Heidelberger Leben and Skandia.
NEW YORK & MUNICH--(BUSINESSWIRE)-- Deepening of the relationship between Allianz and Universal-Investment and the fund sponsor Bayerische Versorgungskammer (BVK) through Miami’s standout gateway mixed ...
China's Anbang Insurance Group and HNA Group both considered buying into German insurer Allianz SE this year as part of plans to become global financial powerhouses, people with direct knowledge of the matter said. The separate talks, which were at an early stage and did not result in formal bids, were called off earlier this year due to expected regulatory hurdles in Germany and China and the fact that Allianz showed little interest, they added.
FRANKFURT/LONDON, Sept 1 (Reuters) - European insurers Allianz (Swiss: ALV-EUR.SW - news) and Baloise Holding (LSE: 0R6N.L - news) and London-based buyout fund Cinven are finalising rival offers for Generali (EUREX: 566030.EX - news) 's Belgian unit ahead of a Sept. 8 deadline, sources told Reuters. The deal could value the business at up to 500 million euros ($595 million) in what would be the Italian insurer's biggest divestment in its latest reorganisation. Generali, Europe's third-biggest insurer, wants to wrap up the auction by mid-September finding a new owner for a business that provides anything from life insurance to car cover to a network of about 530,000 retail and corporate clients.
European markets closed higher on Friday as investors monitored earnings reports and reacted to a new U.S. jobs report.
German insurer Allianz has agreed to create a joint venture and strategic partnership with British rival LV= to form the third-largest property and casualty insurance company in Britain. Allianz will pay 500 million pounds ($657.35 million) in exchange for a 49 percent stake in LV='s general insurance business, a deal that is expected to close in the second half of this year. In a second stage, Allianz will pay 213 million pounds for a further 20.9 percent stake in 2019.
German insurance titan Allianz said on Friday that it had agreed to create a joint venture and strategic partnership with British insurer LV= to form the third-largest property and casualty insurance company ...
LONDON--(BUSINESSWIRE)-- A.M. Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa” from “aa-” and affirmed the Financial Strength Rating (FSR) of A+ (Superior) of Allianz SE (Allianz) ...
LV=, the friendly society that is one of Britain’s biggest financial services mutuals, is close to wrapping up a landmark deal with the German insurance giant Allianz (Swiss: ALV-EUR.SW - news) . Sky News has learnt that LV=, which boasts nearly six million British customers, is within days of sealing the sale of a big minority stake in its general insurance operations to allay lingering concerns about its capital position. Sources said a deal, which would value the LV= division at approximately £1bn, could be announced as early as Friday.
Allianz Worldwide Care has today announced the launch of a new international health insurance solution aimed at small to medium sized IGOs with between 10 to 300 staff members. Allianz Worldwide Care is the international health division of Allianz Worldwide Partners and specialises in providing international health, life and disability insurance to the IGO, NGO and Governmental sector, and businesses, as well as private health insurance for individuals living or working abroad.
The European Union's insurance industry regulator called on Wednesday for a harmonised scheme to deal with failing insurers, saying it would enhance financial stability and protect policyholders. The European Insurance and Occupational Pensions Authority (EIOPA) said the fragmented patchwork of national strategies across the bloc could hinder the orderly closure of any troubled cross-border insurers and result in "suboptimal outcomes". In an 88-page opinion addressed to the European Parliament, European Commission and European Council, the regulator said capital requirements for insurers, known as Solvency II, had reduced but not eliminated the risk that insurers could fail.
A Norwegian appeals court on Friday ruled in favour of the government in a lawsuit brought by investors who argued Norway's cut in gas pipeline tariffs was unlawful and would cost them 15 billion Norwegian ...
British insurer Liverpool Victoria Friendly Society Ltd said on Friday it had received approaches from several possible buyers about a deal involving its general insurance division. "Discussions are ...
One of the UK's biggest financial services mutuals has been approached by a German insurance giant about a deal that would alleviate lingering concerns about the health of its balance sheet. Sky News has learnt that LV=, the friendly society with nearly six million British customers, is in talks with Allianz (Swiss: ALV-EUR.SW - news) over the sale of a minority stake in its general insurance operations. The discussions are said to be at an early stage, but one analyst suggested that any deal would value the entirety of LV='s general insurance arm at well over £1bn.
The Association of British Insurers on Friday called for an overhaul in the calculation of lump sum payments in personal injury claims, after a change in the way they are worked out pushed up the size of the payments, denting insurers' profits. Motor insurance premiums have also risen after Britain's Ministry of Justice in February unexpectedly cut a discount rate used to calculate the payments, to -0.75 percent from 2.5 percent.
DGAP-News: Allianz SE / Key word(s): Quarter Results12.05.2017 / 06:59 The issuer is solely responsible for the content of this announcement. Total revenues up 2.5 percent to 36.2 billion euros in 1Q 1Q operating profit up 9.4 percent to 2.9 billion euros Net income attributable to shareholders down 15.3 percent to 1. ...
DGAP-News: Allianz SE / Key word(s): Quarter Results03.05.2017 / 08:41 The issuer is solely responsible for the content of this announcement. Based on preliminary figures, Allianz Group achieved total revenues for the first quarter of 2017 of 36.2 (first quarter of 2016: 35.4) billion euros. This represents an increase of 2.5 percent compared to the prior-year quarter. Operating profit reached 2.9 (2.7) billion euros, an increase of 9.4 percent. Net income attributable to shareholders was 1.8 (2.1) billion euros, which is 15. ...
A consortium that includes German insurer Allianz (Swiss: ALV-EUR.SW - news) and HICL Infrastructure is to buy Affinity Water Ltd, the largest water-only supply firm in England and Wales by revenue, through two transactions. The consortium will acquire a 90 percent stake from Morgan Stanley Infrastructure and M&G Investments' Infracapital for 687 million pounds ($884 million), and the rest from water company Veolia, the sellers said. The deal is the latest acquisition of British infrastructure by overseas investors, as pension schemes, sovereign wealth funds and others look to take advantage of stable returns.
A consortium led by Germany's Allianz has agreed to buy a 90 percent stake in British water utility Affinity Water from Infracapital and Morgan Stanley Infrastructure for 687 million pounds , the companies ...
ZURICH/LONDON, April 24 (Reuters) - Rocked by a shakeup in the Western political order, companies are buying more insurance to protect themselves against the threat of rising protectionism and upheaval to their operations in emerging markets. Insurers say demand is being driven by uncertainty over the consequences of a string of events in the developed world - from Donald Trump's election in the United States and Britain's vote to quit the European Union last year to the presidential election process now underway in France. Multinationals - ranging from oil and gas firms to mining groups, industrial manufacturers and banks - are concerned that unforeseen changes in government policies could lead to business disruption, flouted deals and unrest in their growth markets.
Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarkets Summary: **European stocks futures open higher, FTSE futures lead **ChemChina, Syngenta mega-deal wins U.S. antitrust ...