"The future belongs to young people" is an idea reflected by numerous scholars, politicians, and philosophers. But what does that future hold for its protagonists in current times? A recent report from Allianz Research takes a look at the future incomes of our young generations…
Allianz is getting behind the Olympic & Paralympic Movements as the Worldwide Insurance Partner from 2021 until 2028. “Allianz is proud to be the “Worldwide Insurance Partner” of the Olympic & Paralympic Movements,” said Oliver Bäte, Chief Executive Officer of Allianz SE.
Allianz Global Investors (AllianzGI), one of the world’s leading active investment managers, recently published its annual analysis of how it voted on more than 100,000 shareholder and management proposals in 2020, with figures revealing a continued and stark disparity globally in corporate governance standards.
The Covid-19 pandemic is one of the largest economic loss events in history for companies and insurers alike. However, it’s not only the magnitude of the impact which is unprecedented. Claims trends and risk exposures are likely to evolve in both the mid- and long-term as a result of the pandemic, according to a new AGCS report.
Allianz X invests 34.5 million euros in Canadian fintech Purpose Financial
Allianz X, the digital investment unit of Allianz, has acquired a stake in the Canadian fintech company Purpose Financial. In a dedicated financing round, Allianz X invested in newly issued shares for the equivalent of 34.5 million euros, making it the second-largest external shareholder. Allianz X will also have a seat on Purpose Financial's Board of Directors.
Allianz China Life to become wholly-owned subsidiary of Allianz China Insurance Holding
Allianz (China) Insurance Holding Co., Ltd. (AZCH) and CITIC Trust Co., Ltd. (CITIC Trust) have signed an equity transfer agreement for AZCH to acquire 49 percent of the shares of Allianz China Life Insurance Co., Ltd (AZCL) from CITIC Trust. After the transaction, AZCL will become a wholly-owned subsidiary of AZCH.
Allianz gets approval to set up wholly-owned insurance asset management company in China
Allianz (China) Insurance Holdings Co., Ltd. has announced it has received approval from the China Banking and Insurance Regulatory Commission (CBIRC) of the preparatory establishment of Allianz Insurance Asset Management Co., Ltd.