Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
China’s Tallest Building Attracts Industry Tenants Including Lloyd’s & Allianz
Dec 12 2017 // After more than two years of red tape that kept tenants from moving in, China’s tallest skyscraper, the Shanghai Tower, has been quietly opening and filling office space. More than 60 companies now occupy office...
Schiavone Takes Over Allianz Global Specialty’s Alternative Risk Team; Coppola to Head Financial Lines
Nov 20 2017 // Paul Schiavone has been appointed as global head of Allianz Global Corporate & Specialty’s Alternative Risk Transfer (ART) business, taking over from Bill Guffey who is leaving Allianz for other opportunities...
Allianz Cuts 2017 Profit Projection After Q3 Natural Catastrophe Claims
Nov 13 2017 // Allianz has slightly downgraded its profit outlook for the full year after increased claims from natural disasters in North America, the German insurance giant’s finance chief said. Hurricanes Harvey, Irma and Maria,...
Allianz to Offer Small Business Cyber Risk Management Services Through Zeguro
Nov 8 2017 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has partnered with Silicon Valley-based software company Zeguro, to address cyber security and risk management for small to...
Allianz Develops Blockchain Prototype for Captive Insurance Program
Nov 7 2017 // Allianz Global Corporate & Specialty SE (AGCS) has successfully trialed blockchain technology for a global captive insurance program, which facilitates cash transfers between countries. AGCS’s Allianz Risk...
Allianz Worldwide Care Rebrands as Allianz Partners
Nov 2 2017 // Allianz Worldwide Care has changed its name to Allianz Partners, and its international health and life insurance products and services are now being promoted under the “Allianz Care” product brand. As...
XL Catlin Taps Allianz’ Broodryk as Cyber Product Leader, APAC Financial Lines
Oct 27 2017 // XL Catlin’s insurance operations announced the appointment of Max Broodryk as product leader of Cyber Risk, International Financial Lines for Asia Pacific, based in Sydney. In this role, Broodryk will be responsible...
Allianz Partners with Cyence to Expand Capabilities in Cyber Risk Analysis
Sep 27 2017 // Allianz Global Corporate & Specialty SE (AGCS), Allianz Group’s specialist carrier for corporate insurance business, has teamed up with San Mateo, Calif.-based cyber risk analytics and modeling firm Cyence to...
Allianz Specialty Goes Live with ‘Insurtech’ for Small Business Brokers, Policyholders
Sep 14 2017 // Borrowing ideas from some insurtech startups, Allianz Global Corporate & Specialty has a new platform for brokers and their Main Street customers “from barber shops to bakeries and toy stores to...
Allianz Specialty Names Vassallo to London Energy Team
Sep 11 2017 // Allianz Global Corporate & Specialty SE (AGCS) has appointed Anthony Vassallo as senior underwriter leading downstream energy for the regional unit in London that includes the UK, Ireland, Dubai, Russia, the Nordic...
Allianz Could Be Considering Buying Shares in Abu Dhabi National Insurance
Sep 11 2017 // State-backed Abu Dhabi Investment Council is weighing the sale of its nearly 24 percent stake in Abu Dhabi National Insurance Co. (ADNIC), with Allianz among groups showing initial interest in buying it, sources familiar...
China’s Anbang & Conglomerate HNA Eyed Buying Stakes in Allianz: Sources
Sep 6 2017 // China’s Anbang Insurance Group Co. Ltd. and HNA Group Co. Ltd. separately considered buying stakes in German insurer Allianz SE as part of plans to create a global financial empire, people with direct knowledge of...
AGCS Expands Terrorism, Political Violence Coverage for U.S. Businesses
Sep 5 2017 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has launched coverage for U.S. businesses when faced with loss related to terrorism and political violence both at home and...
Allianz Acquires Nigeria’s Ensure Insurance to Expand in Key African Market
Aug 30 2017 // Allianz Group announced a binding agreement to acquire 98 percent of Nigerian insurer Ensure Insurance Plc. from its core shareholder Greenoaks Global Holdings Ltd. Financial details of the transaction were not...
Chubb Taps Allianz’ Gschossmann as Head of Financial Lines
Aug 23 2017 // Chubb announced that Johannes Gschossmann has been appointed as head of Financial Lines in Singapore. He joined the company on July 12 and reports to Liam Burrell, division head of Property & Casualty...
Allianz Global Corporate & Specialty Names Mann in California Head of E&O
Aug 22 2017 // Allianz Global Corporate & Specialty has named Gary Mann North America head of errors and omissions. He is based in San Francisco, Calif. He reports to Paul Schiavone, North America regional head of financial...
Allianz’s PIMCO Reports Record Q2 Inflows of $62B in Ivascyn-Driven Turnaround
Aug 4 2017 // Allianz SE three years ago bet the future of its then $2 trillion bond firm on Dan Ivascyn, a little-known money manager at the time who had been picked to succeed Pacific Investment Management Co. founder Bill Gross. It...
Report Calls out $361M of Euro Insurer Assets in Expanding Coal Concerns
Aug 3 2017 // A climate activist group is calling out a handful of European insurers for having significant holdings in fossil fuels despite pledges by the companies to be more climate friendly. A report released today alleges that...
Allianz, Insurtech Startup Flock to Launch Pay-As-You-Fly Drone Cover in UK
Jul 27 2017 // Allianz Global Corporate & Specialty (AGCS) has partnered with insurtech startup Flock to launch on-demand drone insurance in the UK market through a mobile app for commercial and recreational users. To be available in...
Allianz Q2 Profit Rises 23% on Restructuring, Fewer Disaster Claims
Jul 27 2017 // As Allianz SE Chief Executive Officer Oliver Baete slims down the insurer to cut costs, rising second-quarter profit helped by lower natural disaster claims rewarded his strategy. Operating profit jumped 23 percent to 2.9...
