Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
New World of Digital Recruiting: Chatbots, Videos and Social Media
Aug 23 2018 // Long gone are the days when employees printed their resumes and cover letters on fancy paper, worried about choosing the proper font, and put both documents in the mail. The idea of employers printing paper job...
Allianz Global Corporate Adds Setzer, Johnson to Aviation Underwriting Team
Aug 16 2018 // Allianz Global Corporate & Specialty (AGCS) has hired Scott Setzer as an executive underwriter for Aviation, and Adam Johnson as an Aviation underwriter. Setzer will be based in Alpharetta, Georgia and Johnson in...
Allianz Beats Q2 Profit Estimates with Help of PIMCO Bond Fund Unit
Aug 3 2018 // Allianz SE said strong growth across its businesses lifted second-quarter profit as Europe’s largest insurer keeps the market waiting on any acquisitions it will undertake. The gains help keep Allianz on track to...
Financial Markets’ Volatility Will Hit Allianz’ Fund Business, Warns Board Member
Jul 6 2018 // Recent volatility in financial markets will curb inflows this year into Allianz’ asset management business, which includes U.S. bond giant PIMCO, a board member told Reuters. In 2017, Allianz reeled in 150 billion...
Allianz Plans $1.16B Share Buyback Amid Abundance of Capital
Jul 3 2018 // Allianz SE plans to buy back as much as 1 billion euros ($1.16 billion) of its shares amid an abundance of capital and returns crimped by low interest rates. Europe’s biggest insurer will buy back as much as 41.5...
Sea Level Rise Puts $117.5B at Risk from Chronic Flooding
Jul 2 2018 // Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
Sea Level Rise Puts $117.5B at Risk from Chronic Flooding
Jun 21 2018 // Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
With Ambitions to Expand (and Disrupt Allianz), German Insurer DFV Weighs IPO
Jun 21 2018 // With ambitions to challenge insurance giants like Allianz SE, newcomer Deutsche Familienversicherung AG [DFV] needs 100 million euros ($116 million) in fresh funds to finance its expansion plan. An initial public offering...
Allianz’ CEO Seeks Big M&A – But He Doesn’t Want to Pay for It: Opinion
Jun 19 2018 // The CEO of Europe’s biggest insurer is up for a big deal. He just doesn’t want Allianz SE to pay for it. Oliver Baete is going to find it hard to have his cake and eat it. Three years into the job, and things...
Allianz Eyes M&A Targets Zurich, Hartford, QBE, Argo and More After Missing Out on XL
Jun 12 2018 // A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe’s largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential acquisition targets as...
Allianz, UniCredit Form Bancassurance Partnership in Central & Eastern Europe (CEE)
Jun 8 2018 // Allianz Group and UniCredit have signed a long-term bancassurance cooperation agreement in the Central and Eastern Europe (CEE) region. With this agreement, which will gradually start in the second half of 2018, UniCredit...
Allianz Group to Acquire 8% of Africa Re
May 30 2018 // Allianz Group has agreed to acquire eight percent in African reinsurer Africa Re. The total cash consideration payable at closing would amount to USD$ 81 million (or Euro 69 million). Africa Re has been operating for 42...
Allianz Global Corporate & Specialty Expands Cargo Coverage
May 24 2018 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has expanded its Project Cargo offering through a direct partnership with its Engineering division. The new collaborative...
Allianz Expanding Climate Strategy, Doesn’t Want to Insure Coal Operations
May 10 2018 // The Allianz Group “is significantly expanding its climate strategy.” The German insurance giant recently announced a commitment to support the change to a low-carbon economy over the coming decades, and is...
Allianz Sells 8.4% Stake in Portugal’s Banco BPI to CaixaBank
May 7 2018 // Allianz Group said it has agreed to sell shares representing 8.4 percent of the share capital of Banco BPI to CaixaBank. The total purchase price for this transaction is 178 million euros or 1.45 euros per Banco BPI share....
Allianz Global Corporate & Specialty to Offer Drone Safety Products Through ParaZero
Apr 27 2018 // Allianz Global Corporate & Specialty (AGCS) has partnered with Israel-based drone safety systems company ParaZero to offer its drone-safety products to insureds and help them manage risks involved with the operation of...
Allianz Proceeds with Euler Hermes Acquisition, Delisting
Apr 25 2018 // Allianz Group said it will soon complete the acquisition of Euler Hermes minorities and will delist the trade credit insurer from the Euronext Paris stock exchange. Following the completion of the simplified tender offer...
Allianz Partners with Drivy in UK to Provide Insurance for Car Sharing Platform
Apr 13 2018 // Allianz Insurance has partnered with Drivy (UK) to provide insurance for users of its car sharing platform. Drivy, a car sharing operator, links drivers, who need a car on a short-term basis, with vehicle owners who want...
Climate Change Act: Commit New York to Being Powered by 100% Renewables
Apr 12 2018 // Allianz says it’s further integrating ecological and social responsibility into its core business. The insurance giant, which is already known for its sustainable bent, this week issued a 2017 Sustainability Report...
How AXA Wooed and Won XL Group in $15.3B Takeover Deal
Mar 6 2018 // AXA SA’s pursuit of its biggest ever takeover really got serious at a romantic hotel on the shores of Lake Zurich. That’s where top executives of the French behemoth and XL Group Ltd., fresh from the annual...
