Allianz has announced that its planned bond issue will have a combined volume of euro 2bn.
The bonds are intended to strengthen Allianz's capital base and finance growth which it says it needs to expand.
An Allianz spokeswoman told Ananova that Allianz still believes it does not need a capital hike, despite the downturn in equity markets.
The announcement came as Allianz posted its biggest ever quarterly loss of 2.5 billion euros, as the value of its investments plunged.
Shares in the group were up 0.6% to 97.75 euros at 10am this morning.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
