Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
SMEs Underestimate Cyber Risks Which Could Prove ‘Fatal’: Allianz Report
Mar 5 2018 // Small- and medium-sized enterprises are waking up to the realities of cyber risks but still underestimate their exposures, according to a report published by Allianz Global Corporate & Specialty (AGCS). For...
Allianz Investment Unit Provides Funding for Fintech Startup C2FO
Feb 27 2018 // Financial technology startup C2FO raised $100 million in funding in a new round led by the investing arm of global insurance and asset management giant Allianz SE as well as Abu Dhabi’s Mubadala Investment Co. With...
SMEs Underestimate Cyber Risks Which Could Prove ‘Fatal’: Allianz Report
Feb 21 2018 // Small- and medium-sized enterprises are waking up to the realities of cyber risks but still underestimate their exposures, which could prove catastrophic for some, according to a report published by Allianz Global...
Allianz Reports 22% Drop in Q4 Profit but Still Plans Dividend Hike
Feb 16 2018 // A record year for natural-disaster insurance claims worldwide and a decline in fourth quarter profit wasn’t enough to stop Allianz SE from raising its dividend. Europe’s biggest insurer will increase the...
Siemens Joins 8 Industry Partners (Including Allianz) to Counter Cyber Attacks
Feb 16 2018 // Siemens AG is joining with companies including Airbus SE and IBM to try to counter large-scale hacking attacks that threaten to cost $8 trillion in damage over the next five years. The group signed a charter Friday at a...
Allianz Raises Stake in Credit Insurer Euler Hermes to 92.43%
Feb 14 2018 // Allianz Group has successfully increased its stake in the leading credit insurer Euler Hermes to 92.43 percent. In November, Allianz first announced it intended to increase its 63 percent shareholding in Euler Hermes by...
XL Group Attracts Interest from Allianz, Other Rivals as Potential Buyers
Feb 7 2018 // Bermuda-based insurer XL Group Ltd. is attracting interest from rivals including Allianz SE of Germany, according to people with knowledge of the matter. Interest from insurers in potentially acquiring XL, which had a...
Allianz, Aon Offer Cyber Insurance Discounts for Apple, Cisco Customers
Feb 5 2018 // Apple Inc. and Cisco Systems Inc. have teamed up with insurer Allianz SE to offer discounts on cyber insurance to businesses that primarily use equipment from both technology companies, they said on Monday. The...
Cyber Risk Ranks as Most Feared BI Trigger for Global Firms: Allianz
Feb 5 2018 // Business interruption (BI) and cyber incidents interlink as the major threat facing companies, according to a report published by Allianz Global Corporate & Specialty (AGCS). Allianz revealed that BI — including...
Allianz to Acquire Sri Lanka’s Janashakthi General Insurance for €85.9M
Feb 2 2018 // Allianz announced it has entered into an agreement with Janashakthi Insurance PLC (JINS) to acquire 100 of its subsidiary Janashakthi General Insurance Ltd. (JGIL) for LKR 16.4 billion (€85.9 million, or approximately...
Allianz Acquires Liberty International’s U.S. Product Recall Business Renewals
Jan 31 2018 // Allianz Global Corporate & Specialty (AGCS) is acquiring the renewal portfolio of Liberty Mutual Insurance’s U.S. product recall and special contingency business. The effective date is Jan.30, 2018. The business...
Cyber Incidents Most Feared BI Trigger for Global Companies: Allianz Risk Report
Jan 17 2018 // Business interruption and cyber incidents interlink as the major threat facing companies over the coming year, according to a report published by Allianz Global Corporate & Specialty (AGCS). Allianz revealed that...
AGCS Names Vissing to Succeed Henson as Head of Claims, Regional Unit London
Jan 16 2018 // Allianz Global Corporate & Specialty (AGCS), Allianz Group’s specialist corporate insurer, has appointed Lars Vissing as Regional Unit London (RUL), head of Claims, starting in February 2018. Vissing succeeds...
Allianz Suisse to Buy DAS Switzerland from Munich Re’s ERGO
Jan 10 2018 // Allianz Group has agreed to acquire the legal protection insurer DAS Switzerland and the assets of DAS Luxembourg and Slovakia from German insurance group ERGO Group AG, the Munich Re subsidiary. The acquisition will...
Allianz’ Property Unit Plans to Double Asian Investments in Next 3 Years
Jan 4 2018 // Allianz SE’s property unit plans to double investments in Asia over three years as the German firm is drawing in more money from its insurance operations in the region. Property investments may swell to 3.75 billion...
Entering 2018, Americans More Focused on Financial Health Than Physical Wellness: Allianz Survey
Dec 29 2017 // Looking ahead to the new year, more than a third of Americans (36 percent) believe another major recession may be in the cards for 2018, according to the 9th annual New Year’s Resolution Survey from Allianz Life...
Allianz Buys 49% Stake in General Insurance Businesses of UK’s LV=
Dec 29 2017 // Allianz Group announced it has acquired a 49 percent stake in Liverpool Victoria Friendly Society’s UK general insurance businesses, the first stage in the creation of the companies’ joint venture and strategic...
Allianz Invests $96.6M in Digital Microinsurer BIMA
Dec 21 2017 // Allianz X, the digital investment unit of the Allianz Group, announced a $96.6 million investment in BIMA, the digital microinsurer. Stockholm-based BIMA uses mobile technology to serve low-income customers in Africa, Asia...
Allianz Global Corporate & Specialty Promotes Haagen and Soja
Dec 14 2017 // Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), has announced that effective December 31, Henning Haagen will take over as North American regional head of specialty...
Allianz Specialty for North America Promotes Haagen, Soja as Barnwell Retires
Dec 14 2017 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced that effective December 31, Henning Haagen will take over as North American regional head of Specialty Lines, and...
