Allianz

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A woman and a dog pass an Ulster Bank branch in Raheny, Dublin. The withdrawal of Ulster Bank from the Irish market would be a “major hammer blow” to customers and workers, the Dail has heard. Picture date: Thursday February 18, 2021. PA Photo. See PA story IRISH UlsterBank. Photo credit should read: Brian Lawless/PA Wire
The A to Z of financial markets in 2021

Apple, whose shares soared by more than a third in 2021 amid booming demand for its new iPhone 13 and subscription services such as Apple TV+ and iCl(...)

Stephen’s Green Shopping Centre in Dublin in May. Non-essential retail was shuttered for much of the first half of the year. Photograph: Artur Widak/NurPhoto via Getty Images
Pricewatch’s 2021: An expensive year for consumers

There is no sugarcoating it. Between Covid, Brexit, supply chain issues and spiralling energy prices it was a tough year for the Irish consumer, as ou(...)

US stocks lost ground in morning trade on Friday, with technology stocks dragging the main indexes lower. Photograph: iStock
European shares shed early gains as US jobs numbers disappoint

European shares shed early gains throughout Friday as the US published disappointing jobs news and mining stocks lost ground. DUBLIN The Irish marke(...)

Allianz has yet to put a number on the anticipated financial impact from its legal and regulatory exposure around its so-called Structured Alpha funds in the US. Photograph: Getty Images
Allianz sets out plan to generate €12bn of excess capital

Europe’s biggest insurer Allianz has set out a series of measures intended to generate €12 billion of excess capital as it seeks to reverse a fall in (...)

Driving big investors like Allianz away from housing is a lose-lose situation

The decision by Allianz to abandon plans to invest in Irish residential property, lest it be publicly disparaged as a so-called “vulture fund”, should(...)

Allianz has launched a new campaign on domestic violence as part of its partnership with Women’s Aid. Photograph: Allianz
Allianz launches ad campaign as part of Women’s Aid partnership

Insurance company Allianz has launched a television, digital and radio advertising campaign on the theme of domestic violence as part of a new €1 mill(...)

Kylemore Abbey: Commercial revenues from the abbey, gardens, shop and restaurant plunged from €7.4 million to €1.6 million.
Kylemore Abbey staunches tourism losses with insurance payout

A near-€1.5 million insurance payout for business interruption during lockdown helped Kylemore Abbey and Gardens in Connemara, one of the country’s to(...)

Allianz said the Covid-19 pandemic continues to affect all aspects of our personal and professional lives
Allianz sees profits plummet 72% as business interruption costs bite

Profits at insurer Allianz plummeted 72 per cent last year as Covid-19 public health restrictions gave rise to business interruption costs. Its latest(...)

Shareholders’ funds rose more than €9 million or 6.25 per cent to €153.4 million from €144 million. Photograph: iStock
Shareholders’ funds at Irish-based unit of Allianz rose more than 6% last year

Shareholders’ funds at an Irish-based unit of insurer Allianz that sells life policies in France and Italy rose more than 6 per cent last year to(...)

Gráinne McEvoy was recently among the key players in a review of differential pricing in the insurance market. Photograph: Jason Clarke Photography
Central Bank’s McEvoy to join US investments giant Pimco

The Central Bank’s former director of consumer protection, Gráinne McEvoy, is set to join the Irish operation of US investments giant Pimco early next(...)

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