Mohamed El-Erian, Allianz chief economic advisor, joins 'Closing Bell' to discuss the stock headwinds ahead and the Fed.
Private equity firm Cinven is selling Viridium to a consortium that includes BlackRock and German insurer Allianz.
Mohamed El-Erian, Allianz chief economic advisor, joins 'Closing Bell Overtime' to talk recent market action and where he thinks the U.S. economy goes from here.
The German insurer Allianz said on Monday that it was selling its 26% stake in two joint ventures with India's Bajaj Finserv to the the Bajaj Group for around 2.6 billion euros ($2.84 billion).
Belgian insurer Ageas has retained advisors to explore a bid for British motor and home insurer esure, four people familiar with the matter told Reuters, as part of plans to consolidate the UK personal lines market.
Oliver Bäte, CEO of Allianz, discusses the firm's proposed dividend payout, its conservative guidance, and the strength of the German economy.
Allianz SE (OTCPK:ALIZF) Q4 2024 Earnings Call Transcript February 28, 2025 8:00 AM ET Company Participants Andrew Ritchie - Head, Investor Relations Oliver Bate - Chairman of the Management Board and Chief Executive Officer Claire Marie - Chief Financial Officer and Member of the Board of Management Conference Call Participants Andrew Baker - Goldman Sachs Andrew Sinclair - Bank of America Michael Huttner - Berenberg Will Hardcastle - UBS James Shuck - Citigroup Vinit Malhotra - Mediobanca William Hawkins - KBW Fahad Changazi - Kepler Andrew Crean - Autonomous Kailesh Mistry - HSBC Andrew Ritchie Ladies and gentlemen, welcome to the Allianz Conference Call on the Allianz Group Financial Results 2024. For your information, this conference call is being streamed live on allianz.com and YouTube.
Allianz SE reported strong FY 2024 results, with Q4 highlighting a 16% YOY increase in business volume and 11% YOY increase in operating profit. Key metrics are accelerating, supported by strength in growth in Property-Casualty, Life/Health, and Asset Management. Together with strong results, Allianz announced a EUR 2 billion buyback program, which, together with dividends, should result in a 7% yield.
Germany's Allianz on Friday posted a better-than-expected 15% rise in fourth-quarter net profit, helped in part by results at its dominant property and casualty division.
Mohamed El-Erian, Allianz chief economic advisor, joins 'Closing Bell Overtime' to talk the moves in oil, stocks, and yields.
Allianz's Mohamed El-Erian, joins 'Closing Bell' to discuss the market year-end theme and the Fed's next move.