For the full year 2025, net income attributable to the company rose to $4.1bn, from $4bn in 2024.
Such a move would mark Deutsche Bank’s return to the life insurance space after it withdrew from the sector around ten years ago.
PIBL, formerly known as Vantage Insurance Brokers, serves clients in the offshore financial services sector as well as HNWIs, family offices and trust companies.
The hub will manage and support Allianz Commercial’s business activities in Argentina, Brazil, Colombia and Mexico.