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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Hertford | LSE:HIG | London | Ordinary Share | GB00B29KF658 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jul 2019 to Jul 2024
Allianz SE (AZ) expects about EUR112 million in first-quarter write-downs on its investment in Hartford Financial Services Group Inc. (HIG) of the U.S., Chief Financial Officer Helmut Perlet said Wednesday.
In October, Hartford closed on a $2.5 billion investment by Allianz, which gives Allianz a 23.7% stake in Hartford.
Hartford reported a $2.75 billion net loss for 2008 and is among a group of insurers seeking U.S. government aid.
CEO Diekmann said earlier Wednesday that the insurer's investment in Hartford is a "financial investment."
Company Web site: www.allianz.com
-By Ulrike Dauer, Dow Jones Newswires; +49 69 29725 500; ulrike.dauer@dowjones.com
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