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Allianz China Life to Become Wholly-Owned Subsidiary of Allianz China Insurance Holding
Allianz (China) Insurance Holding Co., Ltd. (AZCH) and CITIC Trust Co., Ltd. (CITIC Trust) have signed an equity transfer agreement for AZCH to acquire 49 per cent of the shares of Allianz China Life Insurance Co., Ltd (AZCL) from CITIC Trust. After the transaction, AZCL will become a wholly-owned subsidiary of AZCH. The transaction remains subject to local regulatory approval.
Allianz Asia Pension Report 2021: Unchanged Reform Needs After Covid-19
Allianz unveiled its first Regional Pension Report 2021, which took the pulse of pension systems across Asia amidst the impact of the global pandemic and the vital need for markets to reform their pension systems to support aging populations.
AZCH Receives Approval to Set-up Insurance Asset Management Company in China
Allianz (China) Insurance Holdings Co., Ltd. has announced that it received approval from the China Banking and Insurance Regulatory Commission (CBIRC) of the preparatory establishment of Allianz Insurance Asset Management Co., Ltd.
Allianz Research - The World Is Moving East, Fast - Asia Post Covid19
The Covid-19 crisis could accelerate the shifting global balance to-wards Asia. Allianz Research computed the world’s economic center of gravity (WECG) and found that it moved eastwards towards Asia since 2002.