Global Pension Systems Ill-Prepared to Deal with Demographic Changes

Life expectancy has declined in many countries due to COVID-19 pandemic, but pensions systems across the world has remained ill-prepared to deal with demographic changes as the ageing of societies continues to accelerate, according to a new report from Allianz.
Global Pension Systems Ill-Prepared to Deal with Demographic Changes

Life expectancy has declined in many countries due to COVID-19 pandemic, but pensions systems across the world has remained ill-prepared to deal with demographic changes as the ageing of societies continues to accelerate, according to a new report from Allianz.
Allianz, Swiss Re join other financial firms in turning from Russia

Allianz (ALVG.DE) and Swiss Re (SRENH.S) said on Monday they were cutting back on Russian business as European financial institutions turn their backs on Russia.
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FRANKFURT, March 3 (Reuters) – A pension fund for teachers in Arkansas has settled with Allianz and dropped its lawsuit over losses in a multibillion-dollar trading debacle at the German insurer’s funds arm, according to a court document. The Arkansas Teacher Retirement System was the first lawsuit lodged against Allianz in 2020 after the downfall […]
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