Allianz Profit Rises on Insurance Business as Pimco Sees Inflows

-- 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

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Loews profit rises on strong premiums and investment income; names new CEOThe company also reported a 2.5% jump in its quarterly profit, helped by a rise in insurance premiums and higher returns on its investments. The New York...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »