by AIP Online Bureau | Jan 2, 2025 | International News, Life, Technology
Published a week back, S&P has Allianz SE, ($807 billion, 4.8%), China Life Insurance Co. ($685 billion, 3.9%) and Ping An Insurance (Group) Co.($686 billion,13.3 %) of China Ltd. as the three largest life insurance companies in the world, according to a ranking...
by AIP Online Bureau | Dec 17, 2024 | Eco/Invest/Demography, Health, International News, Life, Non-Life
Singapore’s prime minister said in October that the city-state would block Allianz’s bid The move would have lifted Allianz to fourth largest composite insurer in Asia, from ninth, but sparked critique in Singapore because of concerns that it would detract...
by AIP Online Bureau | Dec 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Western Europe leads the global count with 195 cases, a reflection of the region’s current economic instability, followed by Asia-Pacific (67 cases) and North America (66 cases). Rising bankruptcies typically lead to an increase in D&O claims, so this trend is a...
by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management
Recent years have also seen a growing list of pharma, food, and chemical products become the target of billion-dollar class action litigation, including opioids, talcum powder, indigestion remedies, and herbicide. Cancer is increasingly a feature of such litigation...
by AIP Online Bureau | Oct 26, 2024 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Amundi and Germany’s DWS would be logical candidates for any deal Allianz is weighing options for its Allianz Global Investors unit, including a possible merger or partial sale of the division, four people with knowledge of the matter told Reuters, in a move that...
