Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
Flood Damage Underestimated; Better Risk Prevention Needed: Allianz
Oct 19 2011 // Floods are the most commonly occurring natural catastrophes in the world and insurance companies are using science to better predict risks, yet most people underestimate flooding’s destructive power, German insurer...
U.S. SEC to Limit Charges Against Allianz
Oct 17 2011 // The U.S. Securities and Exchange Commission does not plan to charge Allianz SE for illegal activity at its private equity investments, according to two people familiar with the matter, in a case that could have tested the...
Report: Allianz, AXA among Likely Bidders for HSBC Unit Sale
Sep 29 2011 // European insurers Allianz and AXA SA are among the potential bidders for HSBC Holdings Plc’s sale of its general insurance business, which could fetch more than $1 billion, sources familiar with the matter told...
Walker Named CFO of Fireman’s Fund
Sep 14 2011 // Kevin Walker will be the new chief financial officer and a member of the board of directors of Fireman’s Fund Insurance Co. He assumes the post on Monday. Walker, who will oversee financial functions at...
Best Affirms Allianz SE, Most Subs ‘A+ Ratings; Outlook Stable
Sep 8 2011 // A.M. Best Europe – Rating Services Ltd. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of ‘aa’ of Germany’s Allianz Societas Europaea...
European Insurers’ Greek Hit Fuels Debt Concerns
Aug 5 2011 // Allianz and Generali followed rivals in aggressively writing down holdings of Greek government bonds on Friday, fuelling investor concerns about the possible impact on insurers of a worsening sovereign debt...
Allianz: Investors Should Forgive 25-30% of Greek Debt
Jul 18 2011 // German insurer Allianz , owner of the world’s largest bond investor Pimco, favors private investors writing off 25-30 percent of Greece’s debt, company managers were on Monday quoted as saying. Three weeks of...
Allianz Global Corporate & Specialty Confirms New London, U.S. Execs
Jul 12 2011 // Allianz Global Corporate & Specialty (AGCS) has confirmed new CEOs from within its existing management team for two of its most important regions. As of October first, Carsten Scheffel, currently CEO of AGCS for the...
Leadership Turnover, and Women Executives, Rule at Fireman’s Fund
Jul 7 2011 // On Tuesday, Lori Dickerson Fouché was named president and CEO of Fireman’s Fund Insurance Co., making her the company’s fourth CEO in recent years. Fouché succeeds Michael LaRocco, at the helm of one of the...
Japan’s Nippon Life to Invest in Germany’s Allianz
Jul 5 2011 // Privately held Nippon Life Insurance Co. said on Tuesday it will invest 500 million euros ($709 million) in Germany’s Allianz Se , amid an overseas push by Japanese insurers as their traditional life insurance market...
Allianz Preliminary Q1 Figures Show $1.339 Billion Profit
May 5 2011 // Germany’s Allianz has issued a bulletin outlining the Group’s fiexpected financial results for the first quarter of 2011. It will release the full details for the period on May 12. Allianz said that based on...
Allianz Confirms Cat Bond Commitment with $40 Million U.S. Placement
Apr 25 2011 // Germany’s Allianz has reconfirmed its commitment to catastrophe bonds, as a useful and generally accepted method of transferring a certain amount of risk to the capital markets. It underlined that commitment with the...
Insurer Sues Celebrity Heiress Paris Hilton Over Missing Jewels
Apr 8 2011 // Paris Hilton is holding $60,000 of jewelry that does not belong to her and should give it back, a new lawsuit contends. A German insurer, Allianz SE, has sued the celebrity socialite and heiress to the Hilton Hotels...
S&P: Outlook Negative on 9 Japanese P/C Insurers; Ratings Affirmed
Mar 25 2011 // Standard & Poor’s Ratings Services has conducted a detailed analysis of 15 Japanese P/C insurers, and has made several adjustments in its ratings following the earthquake and tsunami, which hit the country on...
Allianz Nat Cat Analysis: Economic Growth a Major Factor for Increased Losses
Mar 24 2011 // Experts on natural catastrophe risk at Allianz have highlighted the growing trend in insured losses arising from natural catastrophes worldwide in a risk briefing – the “Allianz Risk Pulse: Focus Natural...
Berkshire Hathaway Enters India Insurance Market
Mar 4 2011 // Billionaire Warren Buffett’s Berkshire Hathaway is entering the Indian insurance market as a corporate agent for Bajaj Allianz, the companies said. Berkshire made no investment in Bajaj, but will sell policies for...
Holocaust Survivors Want U.S. to Push European Insurers on Payments
Mar 2 2011 // Aging survivors of the Nazi Holocaust plan to protest outside a political fundraiser in Miami Beach featuring President Barack Obama this week to publicize their struggle to collect what they say is $20 billion in Jewish...
European Insurers Dogged by Fresh Capital Fears
Feb 24 2011 // A bumper equity issue from Aegon and a disappointing dividend from Allianz stirred fresh fears about European insurers’ capital strength on Thursday, weighing on their shares. The capital-boosting measures by Allianz...
Allianz Global Corporate & Specialty Launches New Website
Jan 19 2011 // Allianz Global Corporate & Specialty (AGCS) has published a new corporate website, featuring “an extensive knowledge section and other enhancements to keep its clients, brokers, business partners, press and any...
Ratings Recap: Allianz Global (US), Balboa Group, North Light, Heritage
Dec 28 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings of “aa” of Allianz Global Corporate & Specialty North America (AGCS NA), which includes...
