Om

DGAP-News: Allianz SE: Allianz achieves 3.5 billion EUR operating profit in 2Q - Group confirms full-year outlook

Retrieved on: 
Friday, August 5, 2022 - 7:01am

2Q 2022: Operating profit increased 5.3 percent to 3.5 (3.3) billion euros, driven by improved underwriting and investment results in the Property-Casualty segment.

Key Points: 
  • 2Q 2022: Operating profit increased 5.3 percent to 3.5 (3.3) billion euros, driven by improved underwriting and investment results in the Property-Casualty segment.
  • 6M 2022: Operating profit increased 1.2 percent to 6.7 (6.7) billion euros, driven by higher operating profit in the Property-Casualty and Asset Management business segments.
  • We confirm our full-year outlook of operating profit of 13.4 billion euros, plus or minus 1 billion euros.
  • Operating profit rose 5.2 percent to 3.0 (2.9) billion euros, largely driven by a significantly higher operating investment result.

Flashpoint Venture Capital Announces US$102 Million Close of Its VCIII Fund Having Secured Its First Institutional Investment Limited Partner

Retrieved on: 
Thursday, August 4, 2022 - 7:00am

Michael Szalontay, co-founder and General Partner at Flashpoint commented: We are delighted to reach our initial goal of over US$100m in commitments for our VC III fund despite the extremely challenging backdrop for fundraising.

Key Points: 
  • Michael Szalontay, co-founder and General Partner at Flashpoint commented: We are delighted to reach our initial goal of over US$100m in commitments for our VC III fund despite the extremely challenging backdrop for fundraising.
  • Being a Hungarian, I am especially proud that our first institutional investor is from Hungary as we are pursuing a shared mission in developing the venture capital ecosystem in Hungary and the Carpathian basin.
  • Flashpoint manages six venture funds: four VC funds, a Venture Debt Fund, and a Secondary Fund.
  • The aim of the Szchenyi Funds is to contribute to the long-term growth and stability of the Hungarian economy by investing capital in high value-added enterprises.

DGAP-News: Q2 2022: DWS Stays Resilient with Strong Financial Results in Turbulent Markets

Retrieved on: 
Wednesday, July 27, 2022 - 6:01am

Despite the negative environment, DWS delivered once more strong financial results in the first half of 2022.

Key Points: 
  • Despite the negative environment, DWS delivered once more strong financial results in the first half of 2022.
  • Our adjusted Cost-Income Ratio of 59.3 percent in Q2 and 59.4 percent in H1 is at a very good level.
  • Total revenues decreased quarter-on-quarter slightly by 3 percent to EUR 671 million in Q2 2022 (Q1 2022: EUR 689 million; Q2 2021: EUR 625 million).
  • After tax, DWS posted a 17 percent lower net income of EUR 155 million for the second quarter 2022 (Q1 2022: EUR 186 million; Q2 2021: EUR 172 million).

Trading started today for E Fund Carbon Neutral 100 ETF, China's largest carbon-neutral ETF

Retrieved on: 
Tuesday, July 19, 2022 - 4:06am

E Fund Carbon Neutral 100 ETF is among the first batch of 8 ETFs tracking the CSI SEEE Carbon Neutral Index initially opened for subscription since July 4.

Key Points: 
  • E Fund Carbon Neutral 100 ETF is among the first batch of 8 ETFs tracking the CSI SEEE Carbon Neutral Index initially opened for subscription since July 4.
  • E Fund Carbon Neutral 100 ETF ranked first with AuM of US$630 million and individual investors held close to 4 billion shares, accounting for 93.49% of the total fund shares.
  • Investors' recognition of E Fund Carbon Neutral 100 ETF is a testament to the market's confidence in carbon-neutral thematic investing.
  • E Fund Carbon Neutral 100 ETF tracks the CSI SEEE Carbon Neutral Index.

Nordea Bank Abp: Half-year Report

Retrieved on: 
Monday, July 18, 2022 - 8:02am

See page 5 in the Q2 2022 report for further details.

Key Points: 
  • See page 5 in the Q2 2022 report for further details.
  • Corporate customers are turning to Nordea to meet their financing needs, and we expect this trend to continue.
  • For Nordea, this will mean a more balanced mix of income, as we will once again be generating income from our large deposit base.
  • Overall, Nordea performed very well in the second quarter and we progressed as planned in executing our business plan.

Coalition Closes $250 Million in Series F Funding, Valuing The Cyber Insurance Provider At $5 Billion

Retrieved on: 
Friday, July 8, 2022 - 11:00am

Coalition now serves over 160,000 customers with Active Cyber Insurance, Active Executive Risks Insurance, P&C insurance, and cybersecurity capabilities.

Key Points: 
  • Coalition now serves over 160,000 customers with Active Cyber Insurance, Active Executive Risks Insurance, P&C insurance, and cybersecurity capabilities.
  • Coalition partners with brokers in all 50 states to provide active cyber and active executive risks insurance and offers active cyber insurance across Canada.
  • Later this year, Coalition will launch its UK active cyber program in partnership with Allianz, as announced last week .
  • To learn more about Coalition cyber insurance in the UK, visit coalitioninc.co.uk
    Coalition is the leading provider of cyber insurance and security, combining comprehensive insurance and proactive cybersecurity tools to help businesses manage and mitigate cyber risk.

GAM Investments Streamlines Risk Management with Bloomberg Buy-side Workflow Solutions

Retrieved on: 
Wednesday, June 29, 2022 - 8:30am

LONDON, June 29, 2022 /PRNewswire/ -- Bloomberg announced today that GAM Investments, a leading independent pure-play asset manager, has adopted an integrated suite of Bloomberg buy-side workflow solutions to streamline risk and portfolio management across the enterprise.The suite provides GAMwith the ability to seamlessly manage market risk exposure and liquidity and investment risk, notably with Bloomberg's new factor risk models.

Key Points: 
  • LONDON, June 29, 2022 /PRNewswire/ -- Bloomberg announced today that GAM Investments, a leading independent pure-play asset manager, has adopted an integrated suite of Bloomberg buy-side workflow solutions to streamline risk and portfolio management across the enterprise.The suite provides GAMwith the ability to seamlessly manage market risk exposure and liquidity and investment risk, notably with Bloomberg's new factor risk models.
  • Bloomberg's integrated buy-side workflow solutions enable GAM's traders, portfolio and risk managers to seamlessly manage strategies and portfolios throughout the full risk management process from pre-trade, intraday and end of day, to regulatory reporting.
  • The solutions adopted by GAM include:
    MARS, Bloomberg's Multi Asset Risk System, a suite of risk management solutions delivered on the Terminal and via APIs that enables front office, risk and collateral professionals to analyze trading and investment portfolios, manage portfolio exposure and market risk.
  • The company provides active investment solutions and products for institutions, financial intermediaries, and private investors through three businesses: Investment Management, Fund Management Services and Wealth Management.

Energy Dome Closes $11M Convertible Round to Accelerate Commercial Deployment of CO2 Battery

Retrieved on: 
Tuesday, June 28, 2022 - 5:01am

Energy Dome, a leading provider of utility-scale long-duration energy storage solutions, today announced the successful closing of an $11 million bridge funding round.

Key Points: 
  • Energy Dome, a leading provider of utility-scale long-duration energy storage solutions, today announced the successful closing of an $11 million bridge funding round.
  • The round was also joined by Swiss family office Novum Capital Partners, an existing shareholder in Energy Dome.
  • The latest bridging round has closed in advance of Energy Domes Series B round, which is planned for later in the year.
  • Energy Dome is an energy storage solution provider that is unlocking renewable energy by making solar and wind power dispatchable using the CO2 Battery.

ESG Book Closes $35 million Series B to Build the World's Leading ESG Data Platform

Retrieved on: 
Thursday, June 23, 2022 - 7:00am

LONDON, June 23, 2022 /PRNewswire/ -- ESG Book, a global leader in sustainability data and technology, today announced it has closed $35 million in Series B funding. The new capital will be used to advance ESG Book's next-generation technology capabilities, enabling clients to meet increasingly complex sustainability requirements, and accelerate the company's expansion as it responds to growing demand for technology-enabled ESG data solutions. The round was led by Energy Impact Partners (EIP), a global investment firm leading the transition to a sustainable future, alongside global sustainability leader Meridiam and Allianz X, the digital investments arm of leading global insurer and asset manager Allianz.

Key Points: 
  • Energy Impact Partners led the round alongside Meridiam and Allianz X, as ESG Book responds to growing demand for technology-enabled ESG data solutions.
  • Investment and global reach of strategic partners will enable ESG Book to expand services worldwide in $5 billion ESG data market.
  • LONDON, June 23, 2022 /PRNewswire/ -- ESG Book, a global leader in sustainability data and technology, today announced it has closed $35 million in Series B funding.
  • ESG Book is a global leader in sustainability data and technology.Incubated by Arabesque in 2018, ESG Book combines cutting-edge technology and proprietary research.

ESG Book Closes $35 million Series B to Build the World's Leading ESG Data Platform

Retrieved on: 
Thursday, June 23, 2022 - 7:00am

LONDON, June 23, 2022 /PRNewswire/ -- ESG Book, a global leader in sustainability data and technology, today announced it has closed $35 million in Series B funding. The new capital will be used to advance ESG Book's next-generation technology capabilities, enabling clients to meet increasingly complex sustainability requirements, and accelerate the company's expansion as it responds to growing demand for technology-enabled ESG data solutions. The round was led by Energy Impact Partners (EIP), a global investment firm leading the transition to a sustainable future, alongside global sustainability leader Meridiam and Allianz X, the digital investments arm of leading global insurer and asset manager Allianz.

Key Points: 
  • Energy Impact Partners led the round alongside Meridiam and Allianz X, as ESG Book responds to growing demand for technology-enabled ESG data solutions.
  • Investment and global reach of strategic partners will enable ESG Book to expand services worldwide in $5 billion ESG data market.
  • LONDON, June 23, 2022 /PRNewswire/ -- ESG Book, a global leader in sustainability data and technology, today announced it has closed $35 million in Series B funding.
  • ESG Book is a global leader in sustainability data and technology.Incubated by Arabesque in 2018, ESG Book combines cutting-edge technology and proprietary research.