Allianz

Hotel’s insurance policy triggered by lockdown and Covid ‘at’ its premises, High Court rules

Hotel’s manager tested positive for the virus by the time the nationwide lockdown was imposed

Fri Sept 20 2024 - 14:19

Aviva expands hospitality coverage after insurance reforms

UK insurer returns to hospitality sector following Government reforms designed to reduce the cost burden on businesses

Mon Sept 09 2024 - 05:48

Global stock markets left on edge after Tokyo’s ‘Black Monday’ reprise

Planet Business: Another acquisition target for Mars, Elon Musk’s advertiser lawsuit and the new name for Twickenham

Sat Aug 10 2024 - 06:15

Dundrum centre owners near €600m refinancing with group led by UK’s Rothesay

Existing loans secured against the landmark shopping centre fall due in September

Sat Aug 03 2024 - 05:00

‘I don’t find them to be credible’: Judge dismisses ‘outrageous’ €60,000 injury claims taken by two women

Anne Keenan (66) and Catherine McCarthy (66), both from Ennis, alleged taxi struck van during 2016 trip to Heuston Station in Dublin

Tue Jul 30 2024 - 13:22

Dundrum Town Centre co-owner takes further €58.3m hit on Irish shopping malls

Hammerson said it and Allianz expect to sign refinancing deal for €600 million of Dundrum loans in early August

Thu Jul 25 2024 - 08:46

Ireland’s bright Olympic prospects are good news for sponsors and RTÉ

Ireland is sending its largest ever Olympic team to Paris. Even better than that for sponsors, advertisers and RTÉ, these games are in the perfect time zone

Tue Jul 23 2024 - 06:00

Top Irish insurers recoup most of 2022 investment losses

Investors betting on pace at which central banks will cut rates

Mon Apr 29 2024 - 06:15

Mickey Harte’s first league game as Derry manager to be on RTÉ

National broadcaster to show Cork play Kilkenny in first hurling game

Mon Jan 08 2024 - 20:45

What Ireland needs to do to become a leader in financing renewable energy

Moving to 80% renewable electricity by 2030 will cost Ireland €20bn and that’s just for starters; private capital is going to be essential on top of State investment

Mon Jan 08 2024 - 05:45

Allianz beats estimates as Pimco sees third quarter of inflows

Group operating profit fell 15% to €3.47bn, better than the €3.26bn analysts had expected

Fri Nov 10 2023 - 07:26

Elmpark campus in Dublin 4 for sale at heavily discounted guide of €55m

Higher interest rates and ESG requirements see Dublin 4 scheme’s capital value fall to below replacement cost level of €170 per square foot

Wed Oct 25 2023 - 12:10

Ryan Tubridy set for first public appearance next month at event for women farmers

Any Other Business: Lobbying register fines, Applegreen unplugs ESB EV chargers, Michael O’Leary and the Irish stock exchange, aviation high flyers, new data commissioners and art returns

Fri Sept 29 2023 - 05:00

Revolut, TikTok, Huawei and Allianz face Lobbying Register fines

John Burns: List provides transparency on who is lobbying whom and about what

Thu Sept 28 2023 - 12:30

Insurer should pay out on hotel’s claim due to likelihood of Covid at premises in March 2020, court hears

The Marlin Hotel Dublin is suing its insurer over its refusal to provide an indemnity for interruption during the pandemic

Tue Jun 13 2023 - 18:47

Top five Irish insurers stomach €411m investments hit in 2022 as rates soared

Paper losses pushed the sector into a loss at its so-called comprehensive level and reduced capital reserves levels across most top insurers

Wed May 17 2023 - 05:00

Ignore the political theatre. Prices are not coming down any time soon

The inflation surge may be slowly easing, but the cost of living crisis lives on

Sun May 14 2023 - 06:33

Allianz Ireland takes €154m paper hit on investments amid rising rates

Solvency reserves fall as insurers taking a hit on large bond holdings though that will likely reverse as they are held to maturity

Fri Apr 21 2023 - 05:00

Allianz puts N26 stake up for sale at steep discount

German insurance group values smartphone bank at as little as $3bn

Wed Apr 19 2023 - 14:53

Dundrum Town Centre co-owner Hammerson narrows losses amid retail recovery

Sales and footfall rose at assets owned by the British property investor last year with 2023 getting off to a strong start

Thu Mar 09 2023 - 12:24

Allianz appoints Russian unit boss to lead Irish business

Current CEO Sean McGrath is retiring and will be succeeded by Phillip Gronemeyer

Fri Jan 27 2023 - 17:42

Church in insurance compensation talks over millions of lost pandemic income

Church closures ‘had a very detrimental effect on income and collections’

Tue May 24 2022 - 02:00

ECB likely to raise interest rates in July

Hawkish shift comes after euro zone inflation hits record 7.5%

Fri May 06 2022 - 11:10

ECB policy tightening sends eurozone borrowing costs soaring

Borrowers including Italy face ‘double whammy’ of higher funding costs and slowing growth

Wed May 04 2022 - 11:31

Investors in Russian bonds see securities fall short of their own ESG credentials

The likes of Allianz Global Investors and UBS Group who purchased green bonds from Russian Railways and social debt from Sovcombank were blindsided by the invasion

Fri Apr 22 2022 - 00:00