|Bid||179.20 x 214900|
|Ask||179.26 x 10000|
|Day's range||177.22 - 179.32|
|52-week range||168.20 - 232.50|
|Beta (5Y monthly)||1.19|
|PE ratio (TTM)||18.69|
|Forward dividend & yield||10.80 (6.04%)|
|Ex-dividend date||05 May 2022|
|1y target est||N/A|
Germany's financial watchdog BaFin has called on Allianz to improve its internal controls following fraud at its U.S. funds unit, a person with knowledge of the matter said on Friday, the latest development in a scandal that has dogged the company for two years. The regulator sent Allianz a letter with concrete demands for controls improvements some weeks ago, said the person, speaking on condition of anonymity. In May, Allianz agreed to pay more than $6 billion and its U.S. asset management unit pleaded guilty to criminal securities fraud over the collapse of a group of investment funds early in the COVID-19 pandemic.
Zurich Insurance Group reported a better-than-expected 25% rise in operating profit in the first half on strong performance across the board and announced a bumper 1.8 billion Swiss francs ($1.91 billion) share buyback on Thursday, sending its shares higher. Zurich's ability to exceed its three-year financial goals despite the COVID-19 pandemic and war in Ukraine "gives us great confidence that we can handle unexpected, unprecedented things and still deliver", CEO Mario Greco told Reuters. Operating profit came in at $3.39 billion, with both property and casualty and life businesses outperforming.
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