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

Sarah JollyMay 11, 2022
MUNICH / GERMANY - FEBRUARY 16 2018: The Allianz headquarters are located in the city of Munich, Germany
Credit: iStock/Lukassek

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...

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Sarah JollyMay 11, 2022
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