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AIG Genesis AI Corp

0.05
0.00 (0.00%)
02 Aug 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Genesis AI Corp CSE:AIG CSE Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.05 0.05 0.06 0 14:30:00

Allianz's Booth: Co Is Well Capitalized, No Need For Cap Hike

20/01/2009 2:53pm

Dow Jones News


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Allianz SE (AZ), Europe's largest insurer by gross premiums, is well capitalized and doesn't need to boost its capital, management board member Clement Booth said Tuesday.

"We're one of the best capitalized insurers in Europe. We don't see a need to raise extra capital," Booth told reporters at a roundtable meeting in London. He added that Allianz keeps a strong 150% solvency margin.

Booth, is the board member responsible for Allianz's Anglo broker markets, NAFTA markets and global lines.

Company Web site: www.allianz.com

-By Vladimir Guevarra, Dow Jones Newswires; +49 69 29725 500; vladimir.guevarra@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary. You can use this link on the day this article is published and the following day.

 
 

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