6 billion fine for Allianz
German insurer Allianz broke the law in the United States, so it will be required to pay a fine of as much as $6 billion.
Allianz Global Investors US recently pleaded guilty to violating securities laws.
It began in early 2016 and involves Structured Alpha funds.
The onset of the 2020 pandemic and the collapse of the markets showed that Allianz had misrepresented the risks. This led to huge losses, investors lost billions and the funds suffered huge losses. This is what the US Securities Exchange Commission reported.
Ambassadors and participants in the 2022 regatta!
We are proud to boast that we are an ambassador and participant in REGATTA 2022!
Resumption of export insurance to Ukraine
As of June 13, the Export Credit Insurance Corporation is again allowing to insure receivables with Ukrainian counterparties.