Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
Allianz Estimates Sandy Impact at $670 Million; Won’t Affect Profit Forecast
Jan 18 2013 // Germany’s Allianz SE has announced that its losses from Hurricane Sandy are estimated to total €455 million [approximately $607 million at current rates]. Allianz’ bulletin used a lower exchange rate to put...
Ratings Recap: Jordan Plc, Builders Re S.A., Sava Re, Allianz (Notes)
Dec 17 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit rating of “bbb+” of Jordan Insurance Company Plc (JIC), both with stable...
Allianz Global, ACTIVE Network Launch Race Registration Insurance
Nov 27 2012 // Roughly 15% of race registrants never even make it to the starting line1. ACTIVE Network, a cloud-based Activity and Participant Management company (APM), and Allianz Global Assistance USA, a provider of consumer specialty...
People – West
Sep 10 2012 // Denver, Colo.-based Van Gilder Insurance Corp. named Don Woods its new president. Woods is co-founder and CEO of Community Bankshares Inc. and its subsidiaries. Under Woods, Community Bankshares Inc. grew to over $2...
Allianz Central and Eastern Europe Operations 1st Half Results
Aug 14 2012 // Allianz said its Central and Eastern Europe (CEE) operations “produced solid underlying results for the first six months of 2012 in challenging economic circumstances.” The regional companies reported total...
Fireman’s Fund Names Derossi Chief Operations Officer
Aug 13 2012 // Novato, Calif.–based Fireman’s Fund Insurance Co. named Antonio Derossi its chief operations officer. Derossi will be responsible for operations at Fireman’s Fund and will be based in Novato at the corporate...
Allianz Expresses Concerns over Central Banks Role in Libor Scandal
Aug 6 2012 // Europe’s biggest insurer, Allianz SE, is worried about the role central banks may have played in an interest rate rigging scandal that has enveloped some leading international lenders, the insurer’s chief...
Allianz Adds London, Nice Stadiums to Its ‘Family’
Jul 27 2012 // Germany’s Allianz announced that it has added two new stadiums to the Allianz Family of Stadiums. Allianz France signed a long-term naming rights contract for the new “Allianz Riviera” in Nice, and...
Growing Amount of Space Debris Threatens Satellites: Allianz Report
Jul 11 2012 // A study from Allianz Global Corporate & Specialty (AGCS) warns that “man-made space junk poses a serious threat to all space vehicles including those with humans on board.” The report goes on to explore...
Best Removes Allianz Risk Transfer Ratings fom Under Review
Jun 12 2012 // A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of...
Best Affirms Fireman’s Fund Ratings, Removes from Review; Outlook Stable
Jun 7 2012 // A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of...
Best Affirms Allianz SE’s Ratings, Removes from Review, Outlook Stable
Jun 7 2012 // Following the rating actions taken in December 2011, A.M. Best Europe announced that it has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-”...
Olympic Travel Leads to Surge in Travel Insurance Sales
Jun 4 2012 // The 2012 Summer Olympics have provided a welcome boost for airlines, hotels and other travel suppliers that will benefit from an expected jump of more than 30 percent in the number of global travelers going to London...
Allianz Confirms $1.78 Billion Q1 2012 Net Profit
May 16 2012 // As previously announced, Germany’s Allianz SE has had a successful start in 2012 with increases in overall revenues, operating profit and net income for the first quarter well above first-quarter 2011 levels. Allianz...
Allianz Preliminary Q1 2012 Figures Forecast $1.8 Billion Profit
May 10 2012 // German insurance giant Allianz SE has released preliminary figures for the first quarter of 2012, which indicate that total revenues will be over €30 billion [$38.80 billion] slightly above the €29.9 billion [$38.45...
Allianz, CargoNet Introduce Deductible Waiver Agreement
May 1 2012 // Allianz Global Corporate & Specialty (AGCS) has announced an agreement with its U.S. affiliate AGCS Marine Insurance Co. and CargoNet, an information network for cargo theft prevention and recovery, to help...
Hartford to Repay Allianz’s $2.4B Crisis Aid
Apr 16 2012 // The Hartford Financial Services Group plans to repay most of a rescue it received during the financial crisis, buying back debentures and warrants from Germany’s Allianz SE for $2.43 billion. In early October 2008,...
Fireman’s Fund Partners with Allianz to Expand Entertainment into Canada
Apr 12 2012 // Novato, Calif.-based Fireman’s Fund Insurance Co. in partnership with Allianz Global Corporate & Specialty have created an experienced underwriting team to further expand its entertainment division and...
Fireman’s Fund, Allianz Global Expand Entertainment Division into Canada
Apr 11 2012 // Fireman’s Fund Insurance Co. in partnership with Allianz Global Corporate & Specialty, an Allianz affiliate company in Canada, has added an underwriting team to further expand its entertainment division and...
Swiss Re Structures $240 million Insurance-linked Securities for Allianz
Apr 6 2012 // Swiss Re Capital Markets announced that it has “structured and successfully placed $240 million of insurance-linked securities [cat bonds] issued by Blue Danube Ltd., on behalf of a subsidiary of Allianz SE. The...
