Allianz Financial News
19.07 / 12:35
Remark
awards
Allianz
exclusive
Bajaj Allianz Life Insurance partners with cricketer Shubman Gill
Life Insurance said, "We are excited to partner with Shubman, a true Life Goal Champion for millions of Indians. Shubman embodies the new young Indian who is a Life Maximiser and confident of accomplishing many Life Goals through long-term planning and consistency." Expressing his thoughts on the partnership, Shubman Gill said, “I'm delighted to be associated with Bajaj Allianz Life Insurance; it feels like a well-timed partnership crucial for winning a match.
19.07 / 09:49
COST
UPS
Digital
Allianz
cover
Features
Motor insurance: A new add-on cover for private car owners. Know features
Bajaj Allianz General Insurance has launched a new motor insurance offering called V-Pay. The add-on cover is only for private car owners, not for commercial vehicles. Under this add-on, the insuree can report multiple minor paint chips and/or scratches anytime during the policy period.
17.07 / 11:23
COST
Citi
MET
FIVE
Manufacturing
Parke
Allianz
Warehousing supply across 8 primary markets likely to grow 13-15% in FY24, says ICRA
ICRA. The incremental absorption is estimated to remain at around 39 million sq ft, the level witnessed in 2022-23. Nearly 52% of the expected supply addition across these primary markets including Mumbai, National Capital Region, Pune, Chennai, Bengaluru, Kolkata, Hyderabad, and Ahmedabad will be in grade A category.
16.07 / 15:23
UPS
Target
Reuters
Progressive
Action
Allianz
open
Fed open to another interest rate hike after expected increase in July
US Federal Reserve policymakers favours more rate rises this year, saying July meeting likely to resume raising interest rates to tame the inflation. Though the Fed officials were encouraged by a slide in price pressures in June, but they’re don’t want to pronounce an end to their battle to rein in inflation that has repeatedly surprised them with its persistence. “It’s really too early to say that we’ve declared victory on inflation," Bloomberg reported quoting Mary Daly, Federal Reserve Bank of San Francisco President’s CNBC interview.
11.07 / 09:13
UPS
Allianz
Premium
fall
LIC’s fall in premium income drags industry
New business premium for the life insurance industry witnessed a 0.91% year-on-year fall to Rs 73,005 crore for the first quarter this fiscal due to around 7% Y-o-Y decline in premium income for state-run Life Insurance Corporation of India (LIC) during the same period.
11.07 / 06:43
UPS
Provident
Target
CEO
Assurant
Allianz
Premium
Financial
A new term life insurance policy for diabetics: High premium but much-needed financial security, should you buy?
Bajaj Allianz Life Insurance has now come up with a term insurance plan specially designed for people who have diabetes. Touted as Bajaj Allianz Life Diabetic Term Plan Sub 8 HbA1c, it is a pure term life insurance cover. In case of the death of the policyholder, the sum assured will be paid out to the nominee.
11.07 / 05:37
IPO
Allianz
MetLife
ESAF Small Finance Bank refiles DRHP; cuts issue size to ₹629 crore
₹629 crore through an initial public offering (IPO). According to the draft red herring prospectus (DRHP), the company has reduced the issue size to ₹629 crore from ₹998 crore earlier. The ESAF Small Finance Bank IPO will now comprise fresh issue equity shares aggregating to ₹486.74 crore and an offer for sale (OFS) of ₹142.3 crore. Meanwhile, those selling shares in the OFS are promoter -- ESAF Financial Holdings Private Ltd and other shareholders -- PNB MetLife India Insurance Company Ltd, Bajaj Allianz Life Insurance Company Ltd. ESAF Financial Holdings owns a 62.46% stake in the small finance bank, while PNB MetLife and Bajaj Allianz Life own 4.75% and 3.89% stake in the lender, respectively.
11.07 / 00:55
UPS
IPO
Allianz
MetLife
sfb
Time
ESAF SFB files for IPO a third time, scales down size
Bank, a Kerala-based lender with a focus on unbanked and under-banked customer segments, has filed papers with the capital market regulator Securities & Exchange Board of India (Sebi) to raise ₹629 crore through an initial public offering. The bank has scaled down its IPO size by about a third from what was planned before the Covid-19 pandemic.
10.07 / 17:05
UPS
IPO
Booking
Allianz
MetLife
ESAF Small Finance Bank refiles draft papers with Sebi for Rs 629 cr IPO
IPO). The bank had earlier filed its DRHP in July 2021. The IPO will include a fresh issue up to Rs 486.74 crore and an offer for sale (OFS) of up to Rs 142.30 crore by promoter and other selling shareholders.
10.07 / 14:05
05.07 / 14:57
UPS
Discover
Allianz
rate hikes
Clients want market protection as hit from rate hikes revealed
The Fed’s efforts to tame stubborn inflation have impacted most Americans in the pocket, with 61% reporting a financial hit in the past 12 months as a result of interest rate hikes.
04.07 / 15:39
Provident
FIVE
Amazon
Ford
Pool
Allianz
Rugby World Cup 2023: Schedule, start date, groups, host, draw, teams qualified, live streaming details
The Rugby World Cup 2023 will commence on September 8, with a match between France and New Zealand. The final is scheduled for October 28. Broadcast Information
17.05 / 05:47
12.05 / 07:55
Booking
Allianz
Allianz posts €2bn profit
Allianz said on 12 May that first-quarter net profit rose sharply after its year-earlier result was hit by a provision, and confirmed its guidance for 2023.
10.05 / 01:05
Booking
Platform
HSBC
Continental
UBS
Allianz
These maps show how far China's freight railways are stretching across Asia
BEIJING — In the last two years, China has announced the opening of new freight train lines, while cross-border railways have become a feature in President Xi Jinping's meetings with regional leaders.
05.05 / 07:49
Allianz
NOT
Why Allianz’s Mohamed El-Erian says it’s not too early to criticise the Fed
The story of the Federal Reserve's efforts to rein in inflation is still being written. But Mohamed El-Erian, chief economic advisor at Allianz and chair of Gramercy Funds Management, says it's not too early to critique the job the central bank has done thus far.
02.09 / 19:01
UPS
Allianz
Bridgewater again builds European shorts with €4bn bet on market plunge
Bridgewater Associates has once again made big bets on European stock declines as the hedge fund discloses huge short positions in European stocks.
02.09 / 16:31
Lowe's
Allianz
The Fed must do two things to re-establish credibility, Allianz's El-Erian says
Although it has now established more consistent messaging to the market, the U.S. Federal Reserve needs to do two more things to re-establish its credibility, according to Mohamed El-Erian, chief economic advisor to Allianz.
05.08 / 17:27
Allianz
Pimco hit with $30bn outflows as bond giant takes a beating
Clients of bond giant Pimco pulled out the equivalent of nearly $30bn in the second quarter, a sign of investor flight amid interest-rate hikes.
21.06 / 16:47
UPS
Allianz
Bayer
Santander
Ray Dalio’s Bridgewater piles into Europe short bets worth more than €1.5bn
Ray Dalio's hedge fund Bridgewater is betting big on European companies' shares to fall.
15.06 / 16:03
UPS
Allianz
Bayer
Santander
Ray Dalio’s Bridgewater piles into Europe short bets worth more than €1.5bn
Ray Dalio's hedge fund Bridgewater is betting big on European companies' shares to fall.
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