Tag Archives: Allianz

Allianz plays down talk of big deals as hands cash to investors

Allianz (ALVG.DE) played down talk of it making a major acquisition any time soon as its chief executive Oliver Baete said on Friday the German insurer could grow without deals. The Munich-based group said it would return up to 3 billion euros (£3 billion) to shareholders, but made clear this did not exclude the possibility of it being… Read More »

Allianz to sell $5 billion life insurance portfolio in Italy – sources

German insurer Allianz (ALVG.DE) is looking to sell a $5 billion portfolio of life insurance policies in Italy, sources familiar with the matter said on Wednesday. Europe’s biggest insurer has picked Goldman Sachs (GS.N) to run the sale of the closed life policies, which no longer accept new business but remain on an insurer’s books as premium paying… Read More »