GT Motive is a leading technology and data-driven automotive claims solutions provider active in 28 countries Demand for services growing as vehicle component complexity increases and total vehicle market expands GT Motive is Allianz X’s third majority investment and joins a portfolio of over 25 companies
Allianz Global Diversified Private Debt Fund (AGDPDF) for institutional clients holds first close at EUR 500mn The AGDPDF allows professional clients for the first time to invest alongside Allianz insurance companies in Allianz´s global private debt program The fund invests jointly with Allianz in a global diversified portfolio of private debt funds and co-investments Target fund size is EUR 1.5bn
We know it best as the building block of water. But hydrogen, which has the ability to provide clean energy for powering industries, vehicles and homes, can also be an effective tool against climate change...
“There’ll be babies,” they said, “Nurseries everywhere full of new babies, thanks to the coronavirus pandemic and lockdown.” The much-touted Covid baby boom failed to materialize, but that could spell good news for women and families by helping narrow income and pension gaps.
Allianz Group has followed up its excellent start into 2021 with another strong performance in the second quarter of the year. With its diversified business portfolio, the Group benefited from the global economic recovery with strong growth in total revenues and operating profit; net income attributable to shareholders also improved compared to the second quarter of the previous year.
Allianz SE has resolved on a new share buy-back program. The volume of such new program will amount to up to 750 million euros. The program shall start in August 2021 and be finalized by December 31, 2021, at the latest. Allianz SE will cancel all repurchased shares.
The international shipping industry continued its long-term positive safety trend over the past year but has to master Covid challenges, apply the learnings from the Ever Given Suez Canal incident and prepare for cyber and climate change challenges ahead. The number of large vessels lost remained at record low levels in 2020, while reported incidents declined year-on-year, according to AGCS Safety & Shipping Review 2021.
Subsequent to the litigation pending in U.S. courts in relation to the Structured Alpha Funds against Allianz Global Investors U.S. LLC and other Allianz Group companies and the investigation launched by the U.S. Securities and Exchange Commission in 2020, the U.S. Department of Justice has begun an investigation concerning the Structured Alpha Funds, and Allianz Global Investors U.S. LLC has received a voluntary request for documents and information from the DOJ.
