Allianz books €1.9bn provision for Structured Alpha liabilities ahead of Q1 results

Allianz has booked a provision of €1.9bn to compensate Structured Alpha investors of Allianz Global Investors US and to cover any fines from US regulators investigating heavy losses in the funds, which tumbled on the outbreak of Covid-19 in 2020.

Ahead of its first-quarter results tomorrow, Allia...

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