Allianz Profit Rises on Insurance Business as Pimco Sees Inflows

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Allianz SE Nouvelles

Bloomberg,Operating Profit,Insurance Businesses

(Bloomberg) -- Allianz SE, the owner of bond giant Pacific Investment Management Co., saw second-quarter profit rise on stronger earnings from the life...

-- Allianz SE, the owner of bond giant Pacific Investment Management Co., saw second-quarter profit rise on stronger earnings from the life-health insurance and asset management businesses.NYC Subway Riders See ‘Exceptionally High’ Air Pollution

Chief Executive Officer Oliver Baete is expected to lay out new targets for the company at a capital markets day in December, after increasing the dividend payout ratio and stepping up deals activities in recent months. Allianz in July revealed plans to buy a majority stake in Singapore’s Income Insurance Ltd., three mounts after announcing the sale of some US insurance businesses.

LONDON, August 08, 2024--Medscape, the leading provider of healthcare information globally, has launched Affinity™, a new proprietary insights platform to analyse the behavioural patterns of its registered healthcare professional members. Affinity™ offers near real-time organic usage data across a healthcare professional membership of over 13 million outside of the United States.

Kalmar details its driving excellence initiative as part of the recently launched strategy and long-term targets to enhance commercial and operational excellence

 

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