Allianz SE, the world's largest insurance company by market value, will continue to invest and expand in the Chinese market in spite of the decreased demand for financial products amid the ongoing global financial crisis, said Werner Zedelius, a member of the board of the Gernany-based insurer, the Shanghai...
Industrial and Commercial Bank of China (ICBC)<601398><1398>, the world's largest lender by market value, announced yesterday that Allianz Group and American Express, have disposed of part of their shares in the Chinese lender through private placement, without specifying the buyers of the shares....
* Allianz sees Taiwan unit turning profitable in 2009 * No plans to exit Taiwan market * Plans to expand Taiwan staff by over 20 pct this year TAIPEI, April 21 - Allianz has no...
Nov. 26, 2008 (China Knowledge) - Shanghai-based Allianz China Life Insurance Co. Ltd, a 51:49 joint venture (JV) between German financial services conglomerate Allianz Group and China's financial institution CITIC Trust Co. Ltd, has won...
BRATISLAVA, Sept 18 - Europe's biggest insurer Allianz aims to reach 100 million customers within a few years, helped by a global sales cooperation pact with Europe's biggest bank, HSBC. Allianz, which last year had...
* Q3 operating profit 1.93 bln euros, vs forecast 1.80 bln * Operating profit in property-casualty falls 18 percent * Allianz declines to give outlook due to uncertainty * No acquisitions, no capital increase planned...
Allianz SE, the world's largest insurance company by market value, said that it will continue to hold its shareholding in the Industrial and Commercial Bank of China<601398><1398>, the world's largest bank by market value, after a lock-up period ends today.ICBC said in a statement yesterday that it has reaffirmed...
* Stock sold at HK$3.86 per share - source * AmEx could use proceeds to offset charges, loan losses (Adds analyst comments) HONG KONG, April 28 - German insurer Allianz and U.S. credit card group...
HONG KONG, April 28 - German insurer Allianz and U.S. credit card group American Express raised a combined $1.9 billion on Tuesday through the sale of share's in Chinese banking giant ICBC. The move was...
Allianz SE and American Express Co are considering selling their holdings in Industrial and Commercial Bank of China (ICBC)<601398><1398>, the world's largest lender by market value, sources reported, citing a person familiar with the matter.Allianz and American Express hold 0.38% and 1.93% in the...