Allianz SE

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Allianz SE is a holding company, which engages in the provision of insurance and investment advisory services. It operates through following segments: Property-Casualty, Life/Health, Asset Management, and Corporate and Other. The Property-Casualty segment offers insurance on personal accidents, general liability, fire, legal expense, credit, and travel. The Life/Health segment consists of annuities; endowment and term insurance; unit-linked and investment-oriented products; private and supplemental health; and long-term care insurance. The Asset Management segment provides institutional and retail asset management products and services. The Corporate and Other segment includes treasury, banking, and alternative investment activities. The company was founded by Wilhelm Finck and Carl Thieme on February 5, 1890 and is headquartered in Munich, Germany.

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HTY: An Appealing CEF With A 9.65% Yield

German insurer Allianz said on Tuesday that it expected claims of more than 500 million euros ($589 million) from storm Bernd, which caused catastrophic flooding in parts of western Germany earlier this month.

Allianz Germany sees claims of more than 500 million euros from recent storm

In fiscal 2020, revenue was pretty stable, but earnings per share declined in the double digits.

Allianz: Not Only Undervalued, But Also A Cautionary Tale

Allianz saw a significant change in its insurance business during the pandemic. Traditional property and liability claims have been subdued in several sectors.

Allianz: A Changing Business Offers New Opportunities

News for Allianz SE Stock (ALIZY)