Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
Bedbugs, Peacocks Among Animal Insurance Claims by Businesses
Mar 30 2017 // Bedbugs in hotel rooms and aggressive peacocks are some of the creatures behind an uptick in animal-related insurance claims filed by U.S. businesses, according to a study published on Thursday by insurer Allianz SE . U.S....
Gross Settles with Allianz’ PIMCO for $81M, Ending Bitter Legal Dispute
Mar 28 2017 // For Bill Gross, the long goodbye is finally over. More than two years after the legendary bond manager was ousted from Pacific Investment Management Co. — the firm he co-founded and built into a $2 trillion asset...
Half of Global Insurance Premium Growth Tied to China: Allianz Research
Mar 21 2017 // Allianz Research projections show that total global premium income rose to a new record high of 3,650 billion euros ($3.9224 billion U.S. dollars) last year (excluding health insurance). In a year-on-year comparison, the...
Allianz Promotes Donavan to Global Head of Cyber
Mar 14 2017 // Allianz Global Corporate & Specialty SE announced a change in its global cyber leadership team. Emy R. Donavan is being promoted to global head of Cyber, reporting to Bernard Poncin, global head of Financial Lines at...
UK’s Allianz Insurance Enhances D&O Cover
Mar 1 2017 // Allianz Insurance, the UK subsidiary of Allianz SE Group, has refreshed its directors and officers proposition to offer broader coverage for businesses. The new and enhanced cover includes: Kidnap and ransom An employment...
Allianz Officially Launches Its Moroccan Subsidiary
Feb 22 2017 // The Allianz Group has officially launched its Moroccan subsidiary, Allianz Maroc, which has has been a part of the Allianz Group since Nov. 3, 2016, following the acquisition of 98.9 percent of Zurich Assurances...
Allianz Posts Higher than Expected Q4 Profit; Plans $3.2B Share Buyback
Feb 17 2017 // Allianz, Europe’s largest insurer, proposed spending 3 billion euros ($3.2 billion) on buying back its own shares on Thursday after the Munich-based firm posted higher than expected profits and said it was adjusting...
Blockchain Insurance Industry Initiative B3i Grows to 15 Members
Feb 6 2017 // The Blockchain Insurance Industry Initiative B3i, which was launched in October 2016 to explore the potential use of distributed ledger technology, has grown to 15 members from its original five. Members of the B3i...
Allianz Agrees to Buy Remaining 33.5% Stake in Irish Subsidiary
Feb 3 2017 // Allianz has agreed to acquire the remaining 33.5 percent stake in Allianz Irish Life Holdings plc (AILH) not already owned by Allianz Group. Allianz aims to increase its stake in AILH from 66.5 percent currently to 100...
Allianz Has $3.2B to Spend on M&A, but ‘Disciplined’ Approach Is Needed
Feb 3 2017 // Allianz SE Chief Executive Officer Oliver Baete has 3 billion euros ($3.2 billion) to spend on acquisitions and is scouting for targets from Australia to Italy. Rushing into a deal would be a mistake, according to some...
New Head of Allianz’ PIMCO Takes on $2 Trillion Challenge with Gusto
Jan 31 2017 // Walk down a side alley in Munich, beneath apartments with net curtains in the windows, past figures of female superheroes on a cafe storefront, and you come to the unprepossessing headquarters of a $2 trillion asset...
Intesa’s Generali Gamble Carries Risks for Predator and Prey
Jan 30 2017 // An expected bid by Intesa Sanpaolo, Italy’s biggest retail bank, for the country’s largest insurance company is a bold gamble that has stunned the cozy world of Italian finance and carries risks for both...
Allianz Weighs Acquisition of Australia’s QBE: Sources
Jan 30 2017 // Germany’s Allianz has made an informal takeover approach to QBE Insurance, Australia’s biggest insurer, but has not named a price, sources told Reuters on Monday. Shares in QBE closed flat after rising by up to...
Opinion: Does an Allianz-Generali Merger Make Sense? Perhaps Not…
Jan 23 2017 // The last time Italian insurer Assicurazioni Generali SpA was rumoured to be in play, the supposed bidder, France’s AXA SA, said such a costly and complex deal would “make no sense at all.” This time, the...
Allianz, Intesa Sanpaolo Eyeing Generali Deal: News Report
Jan 23 2017 // Allianz SE, Europe’s largest insurer, and Intesa Sanpaolo SpA are interested in Assicurazioni Generali SpA, Italian newspaper La Stampa reported Sunday, without citing anyone. Intesa is studying a “possible...
Top Global Corporate Risks: Business Interruption, Market Developments, Cyber, Current Events and More
Jan 23 2017 // Business interruption is a top global corporate risk for the fifth year in a row. But worries about Brexit and the new U.S. President Donald Trump also made the list of companies’ 2017 fears and uncertainties in a...
Allianz Global Corporate & Specialty Promotes Two New York Executives
Jan 19 2017 // Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), has named Henning Haagen northeast zone executive for North America in addition to his current role as global head of...
Allianz & Standard Chartered Form Bancassurance Partnership in Asia
Jan 19 2017 // Standard Chartered Bank and Allianz have formed a 15-year bancassurance partnership for the distribution of Allianz’s general insurance products, including travel, personal accident, fire and motor insurance...
Strong US Dollar Is Biggest Risk Ahead for 2017: Allianz’ El-Erian
Jan 17 2017 // Global growth could be better than expected in 2017, though many uncertainties remain that could impact expansion, with the biggest of them being steep gains in the U.S. currency, Allianz’s Mohamed A. El-Erian said...
Business Interruption Remains Top Corporate Concern in 2017: Allianz
Jan 12 2017 // Business interruption is a top global corporate risk for the fifth year in a row. But worries about Brexit and incoming U.S. President Donald Trump also made the list of companies’ 2017 fears and uncertainties in a...
