TSXV:FOBI - Post Discussion
Post by
jdfm22 on Feb 25, 2024 6:17pm
FOBI Allianz Contract Renewal
Identifying Allianz is important for a couple of reasons:
1. The agreement with FOBI announce in January 2024 is not a new contract, but a Renewal Contract. This suggests Allianz confidence in the FOBI Ecosystem; and
2. Allianz SE is the 2
nd largest insurer in the world; over 1 Trillion dollars in assets. The value of each company is in the table below (if you move the scroll bar to the right).
Cheers and stay informed, jdfm22
Weblink for the above ranking:
https://www.swfinstitute.org/fund-rankings/insurance Rankings by Total Assets
| Rank | Profile | Total Assets | Type | Region |
| 1. | Ping An Insurance | $1,503,340,967,957 | Insurance | Asia |
| 2. | Allianz SE | $1,188,984,895,600 | Insurance | Europe |
| 3. | AXA SA | $878,166,008,400 | Insurance | Europe |
| 4. | China Life Insurance Company Limited | $767,396,563,245 | Insurance | Asia |
| 5. | Nippon Life Insurance Company | $742,636,000,000 | Insurance | Asia |
| 6. | Prudential Financial Inc | $695,599,000,000 | Insurance | North America |
| 7. | Manulife Financial Corporation | $688,680,000,000 | Insurance | North America |
| 8. | Generali Group | $658,557,723,200 | Insurance | Europe |
| 9. | MetLife | $650,104,000,000 | Insurance | North America |
| 10. | American International Group, Inc. | $596,112,000,000 | Insurance | North America |
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