Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
Insurtech Lemonade Raises $300 Million; SoftBank, Allianz, Alphabet Among Investors
Apr 11 2019 // Lemonade, the insurance company built around artificial intelligence and behavioral economics, announced the signing of a $300 million Series D funding round led by SoftBank Group with participation from Allianz, General...
Bedbugs Join Dogs, Deer, Birds, Cats in Keeping Insurance Claims Folks Up at Night
Apr 9 2019 // Dogs remain the undisputed champions at generating insurance claims, while deer, birds and cats are contributing their share of mayhem as well. But according to a review of 470,000 insurance claims over five years by...
Allianz Explores Deal with Deutsche Bank’s Asset Management Arm: Sources
Mar 18 2019 // Allianz SE is exploring the possibility of a combination of its asset management arm with Deutsche Bank AG’s DWS Group to create a national champion in active money management, according to people familiar with the...
AGCS Launches Product Recall Cover for UK Auto Parts Manufacturers
Mar 14 2019 // Allianz Global Corporate & Specialty (AGCS), Allianz’ specialist corporate insurer, launched Automotive Component Parts Product Recall cover for the UK market, which enables customers to mitigate the risk of...
Allianz Specialty Moves Ossena to U.S. to Head North American Marine Business
Mar 6 2019 // Allianz Global Corporate & Specialty AGCS) announced that Baptiste Ossena, global product leader of Hull and Marine Liabilities (HML), is assuming additional responsibility as the North American regional head of...
AGCS Names Mauthe Regional CEO for Germany, Central & Eastern Europe
Mar 1 2019 // Allianz Global Corporate & Specialty SE (AGCS), the industrial insurance unit of Allianz Group, has appointed Hans-Joerg Mauthe as regional CEO for Central & Eastern Europe (CEE). Based in Munich, he will be...
Allianz Offers Reputational Protection in UK to Replace Lost Profits in a Crisis
Mar 1 2019 // Allianz Global Corporate & Specialty (AGCS) has launched Reputation Protect Plus in the UK to help companies protect their reputations – their most valuable assets – in times of crisis. Providing “tangible...
Allianz, Generali & Liberty Mutual Vying to Invest in BBVA Bancassurance Arm: Sources
Feb 28 2019 // European insurers Allianz and Generali are vying with U.S. rival Liberty Mutual to invest in the bancassurance business of Spanish lender BBVA, four sources familiar with the matter told Reuters. The sale, led by Bank of...
Allianz Targets Tech, Insurance Investments with $1.1B Venture Capital Fund
Feb 20 2019 // European insurer Allianz SE is increasing the size of its tech investment fund to 1 billion euros ($1.1 billion), making it one of the largest corporate-backed venture funds in Europe. Allianz X was launched in 2016 with a...
Allianz Q4 Net Profit Rises 19% to $1.92 Billion
Feb 15 2019 // Allianz may slow its share buyback program after the one announced this week to allow the German insurer to make small acquisitions, the group’s finance chief said on Friday after reporting a 19 percent rise in...
Lloyd’s Taps Keese from Allianz as Chief Financial Officer, Succeeding Parry
Feb 4 2019 // Burkhard Keese has been confirmed as the chief financial officer (CFO) of Lloyd’s following the unanimous approval of his appointment as successor to John Parry by the Council of Lloyd’s. Keese will take up his...
Businesses View Cyber, Business Interruption as Bigger Risks Than Catastrophes
Feb 4 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...
Travel Insurer Allianz Predicts More New England Than Los Angeles Fans at Super Bowl
Jan 29 2019 // Even though the New England Patriots already have 10 Super Bowl appearances behind them, its fans will be showing up in droves to this year’s game, which pits them against the Los Angeles Rams on Sunday, February 3...
Allianz Has Reinsurance Exposure to Vale Dam Disaster: Sources
Jan 29 2019 // German insurer Allianz may have to cover some of the costs of the dam collapse at Vale’s Corrego do Feijao mine in Brazil, two people familiar with the matter told Reuters. Allianz’s Global Corporate &...
Allianz Enters Formal Negotiations to Buy Malaysia Car Insurer: Sources
Jan 29 2019 // Allianz Malaysia Bhd. has been chosen to progress in talks to acquire Malaysia’s second-biggest car insurer after edging out Japanese rival Mitsui Sumitomo Insurance Co., people with knowledge of the matter...
PIMCO and Allianz Partner to Launch Insurance Linked Securities Business
Jan 28 2019 // PIMCO, the Newport Beach, Calif.-based fixed income investment manager, has hired Rick Pagnani from Mt. Logan Re as executive vice president, to lead the launch of the firm’s property and casualty insurance linked...
Allianz Adds Reyes to Aviation Underwriting Team in Colorado
Jan 24 2019 // Allianz Global Corporate & Specialty has named Hugo Reyes a senior underwriter in General Aviation for North America. Reyes is responsible for the underwriting of complex General Aviation risks and broker development...
Allianz to Enter Vietnam Insurance Market via Joint Venture with IT Firm FPT Group
Jan 24 2019 // Allianz announces its intention to enter the general insurance sector in Vietnam through a digital joint venture (JV) to be set up with the FPT Group – driving long-term success in the market and expanding...
Businesses View Cyber, Business Interruption as Bigger Risks Than Catastrophes
Jan 24 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...
Cyber Joins Business Interruption as Top Global Business Risks: Allianz Survey
Jan 16 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...
