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3Vote!

Mutual Fund B Shares Face Extinction

The demonization of “B Shares” continues as even more mutual fund families drop this share class from the roster. From the Wall Street Journal: Lately, Goldman Sachs Group Inc., Allianz SE’s Pacific Investment Management Co. and American Century announced they would exit B shares. This accelerates a trend that has been gathering force since mid-decade. The fund [...]

3Vote!

Clement B. Booth takes over from Jean-Philippe Thierry as Chairman of the Supervisory Board of Euler Hermes

Jean-Philippe Thierry will retire from AGF chairmanship and Allianz SE Board of Management on 31 December 2009. Within this context the Euler Hermes Supervisory Board which met earlier today, has appointed Clement B. Booth Chairman as of 1st January 2010. He takes over from Jean-Philippe Thierry, who will remain a . Clement B. Booth joined the Euler [...]

3Vote!

Allianz makes Q3 net profit of euro1.32 billion

German insurer Allianz SE said Monday it posted a net profit in the third quarter from a loss a year ago due to improved revenue in life and health insurance and financial services. Allianz, based in Munich, said net income rose to euro1.32 billion ($1.96... Insurance - Financial services - Business - Health insurance - Allianz

3Vote!

Allianz makes Q3 net profit of US$1.96 billion

FRANKFURT (AP) - German insurer Allianz SE said Monday it posted a net profit in the third quarter from a loss a year ago due to improved revenue in life and health insurance and financial services.

3Vote!

Allianz SE Joins OTCQX

NEW YORK, Oct. 26 /PRNewswire-FirstCall/ -- Pink OTC Markets Inc. (Pink Sheets: PINK), the leading electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities, today announced that Allianz SE (OTCQX: AZSEY, Frankfurt: ALV), the leading integrated financial services provider, has chosen to list its American Depositary Receipts...

3Vote!

Allianz SE Joins OTCQX

NEW YORK, Oct. 26 /PRNewswire-FirstCall/ -- Pink OTC Markets Inc.

3Vote!

Allianz, Amex retain ICBC stake

Allianz SE and American Express Co plan to keep their Industrial & Commercial Bank of China Ltd stakes, which have a combined value of about $3.1 billion, past a lockup on the holdings that expired yesterday. Allianz and American Express have no immediate plans to sell, the companies and Beijing-based ICBC said in statements. Allianz has 3.22 billion Hong Kong-traded ICBC shares, worth HK$19.9...

3Vote!

Benchmark Journal: BenchmarkJournal.com Free Analyst Review for INO, LDK, DVN, AZ, KGC and BVN

LONDON (MARKET WIRE) Benchmark Journal brings independent company and sector research together, utilizing top financial advisors and investment tactics to provide you with a clear picture of investment opportunities. Today we began research on Inovio Biomedical Corporation (AMEX: INO), LDK Solar Co.Ltd. (NYSE: LDK), Devon Energy Corporation (NYSE: DVN), ALLIANZ SE (NYSE: AZ), Kinross Gold Corporation...

3Vote!

Allianz expects US commercial property bargains

Allianz SE, Germany’s biggest insurer, expects to find bargains in US commercial real estate as property values slide and banks move to foreclose on more distressed borrowers. Property Week – 14.10.09 US properties may become available at lower prices, Paul Achleitner, Allianz SE’s head of finance, said in an 12 Oct interview at Bloomberg headquarters in New [...]

3Vote!

Stock Rally Is `Way Ahead' of Economic Recovery, Allianz's Achleitner Says

Oct. 13 (Bloomberg) -- Allianz SE, Europe’s biggest insurer and the manager of a portfolio of about $600 billion, expects stocks to fall because economic recovery is lagging behind the seven-month jump in the Standard & Poor’s 500 Index.

3Vote!

BMW Group and Allianz SE to Intensify Global Cooperation

The BMW Group and Allianz SE are planning to intensify their cooperation on a global level. The CEOs of the two companies, Norbert Reithofer and Michael Diekmann, signed the respective declaration of intent in Munich yesterday. The agreement focuses on a range of vehicle and mobility related insurance products for end customers, such as automobile insurances [...] Copyright © 2007 World Auto News...

3Vote!

Allianz SE and BMW Group intensify collaboration

Allianz SE and the BMW Group plan to intensify their collaboration on a global level. The CEOs of the two companies, Michael Diekmann and Norbert Reithofer, signed a declaration of intent to this effect in Munich yesterday. The focus is to offer clients vehicle and mobility related insurance products such as car insurance and used car [...]

3Vote!

BMW joins with Allianz to sell auto insurance

Bayerische Motoren Werke (BMW) AG, the world’s largest maker of luxury cars, will start selling auto insurance for Allianz SE, Europe’s biggest insurer, to boost profit and get more revenue from car sales. BMW will offer traditional auto insurance as well as products that provide for monthly payments if finances become tight and guarantee a car’s [...] > Read complete article inside...

3Vote!

BMW joins with Allianz to sell auto insurance

Bayerische Motoren Werke (BMW) AG, the world's largest maker of luxury cars, will start selling auto insurance for Allianz SE, Europe's biggest insurer, to boost profit and get more revenue from car sales.

3Vote!

Insurer Allianz to delist from NYSE and European stock exchanges

Allianz SE has provided written notice to the New York Stock Exchange (NYSE) of its intention to voluntarily delist its American Depositary Shares (ADS) and its 8.375% Undated Subordinated Callable Bonds (Bonds) from the NYSE. Delistings of Allianz’s ordinary shares from the stock exchanges in London, Milan, Paris and the Swiss Exchange shall follow in [...]