Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
HDI Global Taps McDonald from Allianz as UK and Ireland Managing Director
Jan 16 2019 // HDI Global SE (HDI) has appointed Claire McDonald as managing director of its UK and Ireland operations. She will assume the role on March 18, 2019. McDonald will join the company from Allianz Global & Corporate...
Allianz-Backed Fintech Startup N26 Raises New Funds for Push into U.S.
Jan 10 2019 // N26 GmbH, the German banking app that’s backed by billionaires Peter Thiel and Li Ka-shing, has raised new funds at a valuation of $2.7 billion, making the company one of Europe’s most valuable non-listed...
Phillips to Head Allianz Global Entertainment Business in North America
Dec 6 2018 // Allianz Global Corporate & Specialty reported that Wanda Phillips will take on responsibility as the North America regional head of Entertainment, effective January 1, 2019. Phillips will replace Sue McGuirl who has...
Allianz, Mitsui Sumitomo Bidding for Malaysia’s 2d Biggest Car Insurer
Dec 3 2018 // Allianz Malaysia Bhd. and Mitsui Sumitomo Insurance Co. have been shortlisted to proceed to the next round of bidding for AmGeneral Insurance Bhd., in a deal that could value Malaysia’s second-biggest car insurer at...
Survey from Regulator of Largest U.S. Insurance Market Shows More Coal Divestment by Insurers
Nov 29 2018 // California Insurance Commissioner Dave Jones on Thursday revealed he’s had some success with his 2018 Climate Risk Carbon Initiative Coal Divestment Follow-Up Survey. Jones said the results of the survey reflect an...
Browne and Hunt Named CEO and Deputy CEO of AGCS UK
Nov 29 2018 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty SE (AGCS) has announced that Sinéad Browne will assume the role of AGCS UK CEO in addition to her responsibilities as chief...
Allianz Extends Contract of CEO Oliver Baete
Nov 26 2018 // The supervisory board of Allianz SE has decided to extend Oliver Baete’s contract as chairman of the board of management until September 2024. The original contract was to expire end of September 2019. “Under...
Judge Nixes U.S. Suit Against Malaysia Airlines, Insurer Allianz Over Plane Disappearance
Nov 25 2018 // A U.S. judge has dismissed nationwide litigation over the disappearance of Malaysia Airlines Flight MH370 in which victims’ families sought to hold the carrier, its insurer Allianz SE and Boeing Co. liable for the...
Allianz’ Q3 Net Profit Surges 24% to €1.94B (US$2.2B)
Nov 9 2018 // Allianz is “highly likely” to reach the upper half of its 2018 profit target range, Chief Financial Officer Giulio Terzariol said as the German insurer cited lower costs and claims in its third quarter results...
Allianz Insurance Product Protects Firms Against Clean Energy Price Swings
Oct 22 2018 // Microsoft Corp. has helped develop a way to protect corporate buyers of clean power from electricity prices that go up and down with the weather. The company is using a risk-management tool called a volume-firming...
Allianz’s Leach Joins The Hanover to Lead Financial Institutions Unit
Oct 12 2018 // The Hanover Insurance Group Inc. has appointed Kevin Leach as the head of its financial institutions portfolio. In this role, Leach is responsible for leading The Hanover’s specialized insurance products and services...
AGCS Taps Brewer from AIG, Promotes Tiplady, for UK Broker Relationship Team
Oct 11 2018 // Allianz Global Corporate & Specialty SE (AGCS), Allianz Group’s specialist carrier for corporate insurance business, announced the appointments of Lee Brewer as senior broker relationship manager and Harriet...
UK Insurers, Businesses Urge Government Not to Raise Insurance Premium Tax – Again
Oct 10 2018 // UK insurers and businesses are urging the UK Treasury not to further penalize insurance customers by raising the insurance premium tax (IPT), which currently costs each household an average of £200 ($262) annually. The UK...
Swiss Re Taps Berger From Allianz as CEO Corporate Solutions, Replacing Galvagni
Sep 24 2018 // Swiss Re announced that Andreas Berger, currently chief regions & markets officer and member of the board of management of Allianz Global Corporate & Specialty SE, has been appointed CEO Corporate Solutions and...
International Olympic Committee Signs Allianz as Sponsor from 2021 to 2028
Sep 20 2018 // The International Olympic Committee (IOC) says insurance company Allianz signed as a worldwide sponsor from 2021 through the 2028 Los Angeles Olympics. The value of the deal, which includes becoming a partner of the...
Americans’ Interest in Self-Driving Cars Goes in Reverse
Sep 19 2018 // Less than half of Americans (43 percent) are interested in utilizing self-driving cars, down from 53 percent last year. According to an annual sharing economy index by Allianz Global Assistance, the lack of interest is...
Allianz Under Fire by Australian Commission for Travel Insurance Sales
Sep 17 2018 // An Australian unit of German insurer Allianz SE sold travel insurance that misleadingly promised unlimited emergency medical cover wherever people were even though the policies had limits on both cost and location, a...
Campaign Calls on U.S. Insurers to Reject Fossil Fuels
Sep 13 2018 // A handful of consumer and climate groups are calling on the insurance industry to ditch fossil fuels as part of a new campaign called Insure Our Future. The entreaty came on the eve of this week’s Global Climate...
Allianz Chief Economist El-Erian Q&A on Trump Trade Battles, Emerging Markets, Brexit
Sep 12 2018 // The trade battles being pursued by U.S. President Donald Trump’s administration are likely to lead to fairer but still free global trade, said Mohamed El-Erian, chief economic advisor at the Allianz Group,...
Allianz Names Schlatmann from Russia’s Sberbank as CEO of European Direct Business
Aug 31 2018 // Allianz announced that it has named Bart Schlatmann as CEO of its European direct business, effective Sept. 1. Schlatmann joins Allianz from Russia’s Sberbank, where he served as chief transformation officer,...
