Allianz SE plans to eliminate hundreds of positions at its assistance and travel insurance subsidiary Allianz Partners as the company pushes forward with implementing artificial intelligence solutions.
Artificial intelligence is likely to have a less even impact on economies than the market hype would suggest, according to Allianz Chief Economist Ludovic Subran.
Ludovic Subran, chief investment officer and chief economist at Allianz, says there isn't enough evidence to say that the AI trade is in "bubble" territory. Speaking to Bloomberg's Caroline Connan at the Aix-en-Provence Economic Forum in France, he also says emerging-market stocks are looking more attractive due to demand for semiconductors, and that Europe might fail to reap the "AI dividend." (Source: Bloomberg)
Artificial intelligence is likely to have a less even impact on economies than the market hype would suggest, according to Allianz Chief Economist Ludovic Subran.
Extreme weather events — such as the heat wave gripping Europe — are making a growing number of assets too risky to insure, according to a director at Europe’s largest primary insurer.
A tour bus employee shelters from the sun under an umbrella on Westminster Bridge during a heat wave in London, UK, on Tuesday, June 23, 2026. Extreme heat across the south of the UK is shutting schools and disrupting travel, after overnight thunderstorms led to flash floods in parts of London. Photographer: Chris J. Ratcliffe/Bloomberg
The insurance industry is set to face significant claims for ships that were damaged during the Iran war, according to Allianz SE.
In this picture obtained from Iran's ISNA news agency on June 18, 2026, vessels are seen anchored in Bandar Abbas along the Strait of Hormuz. Oil prices tumbled after Trump and his Iranian counterpart separately signed their accord to end the Middle East war, with the Strait of Hormuz to reopen but two months of negotiations lying ahead. (Photo by AMIRHOSSEIN KHORGOOEI / ISNA / AFP) /
The insurance industry is set to face significant claims for ships that were damaged during the Iran war, according to Allianz SE.
In this picture obtained from Iran's ISNA news agency on June 18, 2026, vessels are seen anchored in Bandar Abbas along the Strait of Hormuz. Oil prices tumbled after Trump and his Iranian counterpart separately signed their accord to end the Middle East war, with the Strait of Hormuz to reopen but two months of negotiations lying ahead. (Photo by AMIRHOSSEIN KHORGOOEI / ISNA / AFP) /
Ludovic Subran, chief investment officer and chief economist at Allianz, discusses the outlook for technology stocks, inflation and central bank policy. He speaks on Bloomberg Television. (Source: Bloomberg)
Allianz Global Investors secured $744 Million in commitments for the first close of its latest private credit fund targeting investments in the Asia Pacific, underscoring sustained investor interest for the asset class in the region.
Earlier this year, AllianzGI secured $270 million for the first close of a separate private credit fund, targeting infrastructure investment in Asia Pacific. Photographer: Miguel Villagran/Getty Images
"We need to be very careful in terms of how we allocate money," Allianz CEO Oliver Baete says while discussing the state of financial markets on "Bloomberg Open Interest." (Source: Bloomberg)
Allianz Global Investors has scaled back some of its bullish yuan position and turned neutral, taking profits after a rally that has made the Chinese currency Asia’s best performer this year.
Allianz Global Investors is in exclusive talks to buy the asset management division of Singapore’s United Overseas Bank Ltd., according to people familiar with the matter.
UOB Plaza in Singapore. Photographer: Bryan van der Beek/Bloomberg
Allianz SE, the owner of bond manager Pacific Investment Management Co., reported a record profit for the first quarter as inflows helped push third-party assets under management above €2 trillion ($2.3 trillion) for the first time.
The Allianz SE office building in Paris. Photographer: Nathan Laine/Bloomberg
Allianz Global Investors has secured $270 million in commitment for the first close of its private credit fund targeting infrastructure investment in Asia Pacific.
A monitor displays Allianz Global Investors GmbH signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, July 3, 2017. U.S. stocks rose in light trading and the dollar strengthened as factory data bolstered optimism in the strength of the American economy. Crude climbed for an eighth day. Photographer: Michael Nagle/Bloomberg
Allianz SE and Sun Life Financial Inc. are considering bids for HSBC Holdings Plc’s insurance unit in Singapore, according to people familiar with the matter, after the bank announced a strategic review of the business.
Argentine fintech Ualá said it has raised $195 million in an equity funding round led by Allianz X, the venture capital arm of Germany’s insurance giant Allianz SE, that values the company at $3.2 billion.
Pierpaolo Barbieri, founder and chief executive officer of Ualá, during the Bloomberg New Economy at the B20 in Sao Paulo, Brazil, on Wednesday, Oct. 23, 2024.
Allianz Global Investors is considering purchasing dollars after months betting against the US currency as the war in the Middle East revives its status as a haven asset.
Allianz CFO Claire-Marie Coste-Lepoutre joins Bloomberg TV to discuss its full year results, profit outlook and a new share buyback program. Coste-Lepoutre speaks with Bloomberg's Lizzy Burden and Anna Edwards on The Opening Trade. (Source: Bloomberg)
Allianz SE, the German insurer which owns bond investor Pacific Investment Management Co., announced more share repurchases as Chief Executive Officer Oliver Baete returns excess cash to investors.
European policymakers should fuel market turbulence to pressure US President Donald Trump to back down from his Greenland claim, according to a senior executive at Allianz Global Investors.