European policymakers should fuel market turbulence to pressure US President Donald Trump to back down from his Greenland claim, according to a senior executive at Allianz Global Investors.“If I were an adviser to some European governments, I would say you almost need to create a little bit of market volatility because Donald Trump cares about that a lot, probably more than other politicians,” said Michael Krautzberger, the chief investment officer for public markets at the Allianz SE subsidiary, which mana ...

Allianz plans to deploy artificial intelligence (AI) throughout its insurance business around the world with the help of Anthropic.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The financial services provider and ...

Group 1: Reliance Industries - Reliance Industries (RIL) is awaiting clarity on access to Venezuelan crude oil for non-US buyers following a major military operation by Washington in Venezuela [1] - Speculation suggests that the US intervention is unlikely to result in an immediate increase in crude oil production and exports from Venezuela's aging infrastructure within the next six months [1] Group 2: Bharat Forge - Bharat Forge has signed a strategic collaboration agreement with Germany-based Agile Robots SE to explore AI-driven robotics and intelligent industrial automation [2] - The collaboration aims to deploy advanced solutions in the automotive, healthcare, and consumer electronics sectors [2] Group 3: Bajaj Finserv - Bajaj Finserv, along with Bajaj Holdings & Investment Ltd and Jamnalal Sons Private Ltd, has acquired a 23% stake in its insurance subsidiaries from Allianz SE for ₹21,390 crore [3] - This acquisition increases Bajaj Group's ownership in Bajaj General Insurance and Bajaj Life Insurance to 97%, providing complete control with a 75.01% stake [3] Group 4: Hindustan Unilever - Hindustan Unilever Ltd (HUL) has received an income tax assessment order of ₹1,559.69 crore for the financial year 2021-22 [4] - HUL stated that the order will not materially impact its financials or operations and plans to appeal the decision [4] Group 5: National Stock Exchange of India - The National Stock Exchange of India (NSE) is in discussions for a strategic collaboration with Indian Gas Exchange (IGX) to develop Indian Natural Gas Futures [5] - This partnership aims to leverage NSE's derivatives market expertise and IGX's capabilities in spot natural gas trading [5] Group 6: Bartronics India - Bartronics India has approved an investment of up to ₹3 crore to acquire up to 51% equity in Shree Naga Narasimha [6] - The investment is intended for strategic expansion and to achieve operational and financial synergies [6] Group 7: Prestige Group - Prestige Group, through Canopy Living LLP, has signed an agreement to purchase a 16.381-acre land parcel in Padi, Chennai, from Sundaram Clayton [7] Group 8: PM Green - PM Green, a subsidiary of Power Mech Projects, has secured a ₹3,126 crore order from WBSEDCL to set up a 1,000 MWh battery storage system [8] - The order includes a 100% off-take guarantee and a greenshoe option of 250 MW/1,000 MWh for the Durgapur Project Ltd campus [8] Group 9: UPL Ltd - UPL Ltd has acquired the remaining 25% stake in UPL Agro Ltd for $17.86 million, making it a wholly-owned subsidiary [9] - This acquisition consolidates UPL's control over Yoloo (Laoting) Biotechnology Ltd in China, enhancing its position in the Chinese crop protection market [9] Group 10: Brainbees Solutions - Brainbees Solutions (Groww) has completed the acquisition of 100% equity in Solis Hygiene Private Ltd through a share-swap transaction [10] - This deal increases Brainbees' shareholding in Swara Baby Products from 75.92% to 76.59% [10] Group 11: Eureka Forbes - Eureka Forbes Ltd is involved in a tax dispute regarding an assessment order demanding ₹16.22 crore for alleged excess input tax credit claims [11] - The company has contested the order and is in the process of fulfilling a court condition to deposit 10% of the disputed amount [11]

Promoter group firm Bajaj Holdings & Investment separately acquired a 17.56% stake in each insurer, while Jamnalal Sons bought an additional 4.43%, the filing showed. Together, the promoter entities now hold 97% of both insurance companies. The acquisitions were carried out under share purchase agreements signed on March 17, 2025, and later amended. After the transaction, Bajaj Finserv's direct holding in both insurers increased to 75.01%. Promoter group firm as a Reliable and Trusted News SourceAddas a R ...

Core Insights - Bajaj Group has acquired a 23% stake in its insurance subsidiaries from Allianz SE for 213.90 billion rupees ($2.38 billion) [1] Company Summary - The acquisition was completed by Bajaj Finserv, a firm within the Bajaj Group [1] - The transaction reflects Bajaj Group's strategic move to strengthen its position in the insurance sector [1]

Core Viewpoint - Allianz Asset Management aims to leverage its century-long expertise in asset-liability management to establish itself as a leading asset management institution in China, focusing on diversified sources of asset returns in a low-interest-rate environment [1][2]. Group 1: Investment Strategy - The company is actively reducing reliance on single fixed-income yields and expanding into equity dividends and growth returns, as well as increasing exposure to alternative assets [1]. - In fixed income, the strategy involves rigorous credit research to identify mispriced opportunities, while in equities, the focus has shifted from merely high dividend yields to assessing the quality, sustainability, and growth potential of dividends [1][4]. - The alternative investment strategy aims to find high-quality assets that are less correlated with traditional assets, leveraging the company's investment and financing synergies [1][4]. Group 2: Risk Management - Allianz Group's risk management philosophy, developed over 130 years, emphasizes a comprehensive risk control system that spans the entire investment process, ensuring a scientific balance between investment and risk management [2][3]. - The company has integrated Allianz Group's investment and risk management experience with local practices in China, achieving a total asset management scale exceeding 350 billion yuan, with 85% from third-party funds [2]. Group 3: Research and Talent - The core investment team comprises seasoned professionals with an average of over 15 years of experience from various sectors, including insurance asset management, public funds, and brokerage firms [3]. - The company has established a dual-track research system that combines macro insights with micro-depth analysis, focusing on risk-driven asset allocation and in-depth credit research in fixed income [3]. Group 4: Future Strategies - The company plans to implement three main strategies: asset-liability synergy, refined investment processes, and long-term performance assessment [5]. - The investment approach will prioritize high-quality dividend assets in the core portfolio while selectively choosing growth-oriented assets for satellite positions, enhancing efficiency through detailed credit management [5]. Group 5: Long-term Investment Philosophy - The regulatory environment is shifting towards encouraging long-term investments, prompting a change in investment logic from short-term trading to long-term dividend-focused strategies [6][7]. - The company aims to become a stable and constructive long-term force in the capital market, emphasizing the importance of comprehensive asset-liability management and proactive risk management from the product development stage [7].

来源：保观 近年来，多个行业和巨头公司因AI导致的组织重构和战略调整，进行了大规模裁员。比如亚马逊因为 AI大幅提升了效率，减少了部分岗位的需求，预计在全球裁员1.4万名管理岗位；又比如微软在今年5月 和7月一共裁员1.5万人，微软对此表示如今公司内部20%到30%的编码都是由AI编写。 不出意外AI驱动的大规模裁员浪潮还是吹到了保险业。 近日，保险巨头安联计划在未来12至18个月内减少其旅游保险业务中的1500至1800名员工，这一消息在 业内引发广泛讨论。而此次大规模裁员的背后，主要是由于人工智能的加速布局，开始对高度依赖人工 的岗位造成巨大冲击。 安联拟裁减1800个岗位， AI对保险业的冲击开始显现？ 11月26日，据业内知情人士透露，全球保险巨头安联将重塑全球业务流程，拟在未来12至18个月内在旅 游保险业务部门裁员1500至1800人。 据悉，安联的旅游保险业务由旗下专业子公司安联世合（Allianz Partners）运营。作为全球旅行保险与 救援服务的龙头之一，其核心产品包括单次、年度、邮轮、欧洲专属及高端旅行险，提供医疗、救援、 行李托运、航班等全方位保障，旗下服务网络覆盖200多个国家和地 ...

Core Viewpoint - Allianz SE and Oaktree Capital Management have established a reinsurance syndicate named "Syndicate 1890" in the Lloyd's of London market, marking a significant move of private capital into the non-life insurance sector [1][2]. Group 1: Syndicate Formation - The syndicate will commence underwriting operations on January 1, with Oaktree investing hundreds of millions of US dollars to fund and manage the syndicate's assets [2]. - Allianz will share its reinsurance programs with the syndicate, allowing for a more efficient capital provision without the collateral demands typical of traditional special-purpose vehicles [3]. Group 2: Market Trends - Alternative asset managers, traditionally focused on life insurance, are increasingly entering the property-and-casualty reinsurance market, as evidenced by Blackstone Inc.'s recent backing of another Lloyd's syndicate [4]. - The establishment of Syndicate 1890 is seen as a template for the convergence of alternative asset management and insurance, streamlining market entry and governance for these managers [5]. Group 3: Industry Implications - Fitch Ratings noted that while such partnerships introduce new third-party capital into the reinsurance market, they may also increase structural complexity and credit risks, particularly in stress scenarios [5]. - Allianz has engaged with approximately 10 other private capital firms regarding the syndicate, indicating a broader trend of collaboration between traditional reinsurers and alternative investment firms [6].

Core Points - CANCOM SE has released a voting rights announcement in accordance with the German Securities Trading Act, indicating a change in voting rights held by Allianz Global Investors GmbH [1][2] - Allianz Global Investors GmbH has reduced its voting rights in CANCOM SE from 9.17% to 4.97% as of November 25, 2025, representing a decrease of 4.20 percentage points [4][5] - The total number of voting rights in CANCOM SE is reported to be 31,515,345 [4] Group 1: Issuer Information - The issuer is CANCOM SE, located at Erika-Mann-Straße 69, Munich, Germany [2] - The Legal Entity Identifier (LEI) for CANCOM SE is 391200T4AUN1BPBXAO14 [2] Group 2: Notification Details - The notification was triggered by the acquisition/disposal of instruments and a change in the breakdown of voting rights [3] - The date on which the threshold of voting rights was crossed is November 25, 2025 [5] Group 3: Voting Rights Breakdown - The current voting rights held directly by Allianz Global Investors GmbH are 4.97%, with no indirect voting rights reported [4][5] - The previous notification indicated that Allianz Global Investors GmbH held 9.17% of voting rights [4] Group 4: Additional Information - The announcement includes details about the chain of controlled undertakings, with Allianz Global Investors GmbH being a significant entity holding 4.97% of voting rights [9]

Core Insights - Allianz, a German insurance group, plans to cut up to 1,800 jobs in its travel insurance division, primarily affecting call centers due to the increasing adoption of artificial intelligence [1] Company Summary - The job cuts are a response to the growing trend of artificial intelligence replacing manual processes within the insurance sector [1] - The affected positions are mainly located in call centers, indicating a shift towards automation in customer service roles [1] Industry Summary - The move reflects a broader industry trend where companies are leveraging technology to enhance efficiency and reduce operational costs [1] - The integration of AI in the insurance industry is expected to continue, potentially leading to further job reductions in traditional roles [1]