Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Allianz Sticking to ‘Classic’ Life Insurance Model, FTD Says

June 19 (Bloomberg) -- Allianz SE’s Allianz Leben unit is sticking to its “classical” life insurance business model rather than sharing interest-rate risks with clients, Markus Faulhuber, chief executive officer of the division, told Financial Times Deutschland.

Allianz Leben’s competitors are struggling as low interest rates make it difficult for insurers to earn enough to cover the guaranteed payments owed to their clients, Faulhuber told the German newspaper.

To contact the reporter on this story: Annette Weisbach in Frankfurt at aweisbach1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.