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People Moves: Generali Global Corporate & Commercial Taps Allianz’s Moro as Head of Cyber Insurance; Miller Bolsters Asia Power Team, Appointing Howden’s McGonagle

Dec 19 2024 // This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C) and the broker Miller.A summary of these new hires follows here. Generali Global Corporate &...

Allianz Withdraws $1.63B Offer for Singapore’s Income Insurance

Dec 16 2024 // German insurer Allianz has withdrawn its offer to acquire at least 51% of Singapore’s Income Insurance for about $1.63 billion, the company said in a statement on Monday.Reuters reported on Dec. 13 that the insurer...

Allianz Raises Financial Targets for Next Three Years

Dec 10 2024 // Allianz, one of Europe’s biggest insurers, has raised its three-year financial targets after outperforming its key goals for this year, the company said on Tuesday.Shares in Allianz fell 1.3% by 0832 GMT. The...

Ex-Allianz Fund Manager Avoids Jail Over $3 Billion Collapse

Dec 9 2024 // A former Allianz SE hedge-fund manager avoided prison and will instead spend 18 months in home confinement for fraudulently inflating the value of funds that ultimately collapsed, resulting in $3.2 billion in investor...

Allianz Pauses Talks With Amundi Over Control of Asset Manager

Dec 9 2024 // Allianz SE has temporarily halted talks with Amundi SA over combining its Allianz Global Investors asset management arm with the French company.The two sides were unable to agree on a deal structure, including control of...

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