Allianz shells out €140m to shut US unit after fraud Allianz spent around €140m on restructuring to wind down a US funds unit at the centre of a multi-billion fraud, the German insurer disclosed today, … Business • 05 Aug 22
Allianz to sell majority stake in Russian operations Insurer Allianz said today it would sell a majority stake in its Russian operations to the owner of a Russian insurer as it sought to … Business • 03 Jun 22
Homeowners urged to check rebuild cost amid inflation Over half of Irish homeowners have not checked the rebuild cost of their homes in the last year, despite inflationary pressures leading to a surge … Business • 01 Jun 22
Allianz very likely to fully exit Russia, CFO says Allianz, which is working to resolve US regulatory investigations into a multibillion-dollar trading debacle at its funds arm, said today that its net profit fell … Business • 12 May 22
European finance industry warns on Ukraine move Europe's financial sector scrambled today after Russia invaded Ukraine, with Allianz disclosing it had frozen its Russian government bond exposure and UK bank Lloyds saying … Business • 24 Feb 22
Allianz to cut bonuses after trading debacle Allianz has announced big bonus cuts for its CEO and board, and a settlement with a "vast majority" of investors, as it braces for the … Business • 18 Feb 22
Allianz under investigation in Germany over funds German regulators have launched an investigation into the country's biggest financial company, Allianz, after the demise of some of its US investment funds last year, … Business • 07 Sep 21
Aviva sells Polish business to Allianz for €2.5 billion Aviva has sold its Polish operations to Germany's Allianz for €2.5 billion in cash, completing a programme to sell European and Asian assets begun last … Business • 26 Mar 21
Allianz Q4 profit drops 2.2%, but better than expected German insurer Allianz has today posted a better than expected 2.2% fall in net profit in the fourth quarter from a year earlier, amid pressure … Business • 19 Feb 21
Allianz reports unexpected 6% rise in Q3 profit German insurer Allianz has today declined to provide a forecast for 2020 given uncertainty around the Covid-19 pandemic, despite delivering an unexpected 6% rise in … Business • 06 Nov 20
Allianz Q1 net profit drops 29% due to Covid-19 hit German insurer Allianz has today posted a 29% fall in net profit in the first quarter from a year earlier as the coronavirus outbreak slows … Business • 12 May 20
Allianz latest to detail car insurance rebate Allianz is to give a €30 refund to its private car, van and taxi customers. Business • 29 Apr 20
Injury awards driving up insurance prices - insurers Insurance premiums will fall if the cost of claims in Ireland falls, insurance companies have been telling the Oireachtas Finance committee. Business • 04 Jul 19
Allianz in deals set to make it 2nd biggest UK insurer Germany's Allianz in deals that could top £800m is buying businesses from LV and Legal & General that will make it become Britain's second-biggest general … Business • 31 May 19
Allianz on track in 2019 after improved Q1 figures German insurer Allianz said today it is on track to meet its forecasts for 2019 after publishing improved first-quarter figures. Business • 14 May 19
Allianz Q4 net profit up 19%, in line with expectations German insurer Allianz said its net profit rose 19% in the fourth quarter from a year earlier, in line with expectations, and said it was … Business • 15 Feb 19
45% of all cases Allianz contests are fraudulent Allianz Ireland has said that 45% of all claimants' cases that the insurance company contests in court are potentially fraudulent. Business • 09 Jan 19
Insurer AXA raises profit targets after buying XL Insurer AXA expects profitability to speed up in the coming two years thanks to business brought in by XL, which it bought earlier this year, … Business • 28 Nov 18
Allianz Q3 net profit jumps 24% as it confirms outlook German insurer Allianz said its third-quarter net profit surged 24% from a year earlier and it confirmed it was poised to meet its 2018 profit … Business • 09 Nov 18
Allianz Q1 profit up 6.8% on investments, lower taxes German insurer Allianz said it was on track to meet its 2018 goals as it posted a forecast-beating 6.8% rise in first quarter net profit, … Business • 15 May 18
Allianz plans to buy rest of Euler Hermes German insurer Allianz plans to buy the shares in credit insurer Euler Hermes it does not yet own for around €1.85 billion. Business • 27 Nov 17
Allianz Q3 net profit down on hurricane-related claims German insurance giant Allianz said it posted a 17% decline in net profit in the third quarter as a spate of natural catastrophes increased claims … Business • 10 Nov 17
Insurers ready blame game over self-driving cars A recent blog post from Allianz chief customer officer Peter Kilcullen hinted at the impact self-driving cars will have on insurance premiums. Business • 26 Jun 17
Allianz confirms 2017 outlook after upbeat earnings German insurance group Allianz has today reaffirmed its operating profit target for 2017 after reporting rising investment inflows at asset-management business. Business • 12 May 17
Allianz third quarter net income beats forecast Europe's largest insurer Allianz has today posted a forecast-beating rise in third quarter net income due to a good performance across its business classes. Business • 11 Nov 16
