Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
Ratings: Aspen, Allianz Risk Transfer, Inter Hannover UK, Transsib Re, Jordan Insurance
Dec 23 2010 // Standard & Poor’s Ratings Services has assigned its preliminary ‘BBB+’ senior debt, preliminary ‘BBB’ subordinated debt, preliminary ‘BBB-‘ junior subordinated debt, and...
Best Affirms Fireman’s Fund Companies ‘A’ Ratings; Upgrades ICR
Dec 23 2010 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of Fireman’s Fund Insurance...
Best Assigns Rating to Allianz Risk Transfer AG
Dec 23 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa” of Allianz Global Corporate &...
Sources Say Allianz and Partners Plan UK Fast-rail Bid
Oct 29 2010 // German insurer Allianz has tapped Britain’s largest private pension fund and one that invests the pensions of Canada’s Mounties to make a joint bid for Britain’s sole high-speed railway, sources...
Ratings Roundup: Travelers (UK), Tenet, Allianz (France)
Oct 19 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A (Excellent) and issuer credit rating (ICR) of “a+” of UK-based Travelers Insurance Company Limited (TICL),...
Minnesota’s Allianz Has New VP of Life Insurance Sales
Sep 14 2010 // Allianz Life Insurance Company of North America, Minneapolis has named Jason Wellmann as the new senior vice president of Life Insurance Sales. In this role, Wellmann will be responsible for leading Allianz life insurance...
Allianz Realigns Global Cooperation with Car Manufacturers
Jul 22 2010 // Germany’s Allianz, Europe’s largest insurer, announced the formation of a new unit for cooperation with car manufacturers at Allianz Versicherungs-AG / International with a “direct reporting line to the...
Insurers Revive Cat Bond Market
Jun 21 2010 // Insurers are issuing catastrophe bonds again to complement traditional and cheaper reinsurance and to spread the risks in buying protection against events that could cost them tens of billions of dollars in claims. The...
Ratings Roundup: Allianz (Italy), MAPFRE PRAICO, Maiden
Jun 18 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa” of Allianz S.p.A. (Italy), both with stable outlooks. Best explained that the...
Life products, Asset Mgmt. Buoy Allianz, Generali, Aegon, Ageas in Q1
May 13 2010 // European insurers were buoyed by strong sales of life insurance and asset management products on the back of a reviving economy in the first quarter, offsetting big disaster damage claims. Germany’s Allianz,...
Allianz 2009 Net Income up 13% at $6.4 Billion
Feb 26 2010 // Germany’s Allianz Group posted preliminary figures for 2009, indicating that its net income rose by 13.2 percent to €4.7 billion [$6.4 billion]. Revenues were up up 5.2 percent to €97.4 billion [$132.5...
Germany’s Munich Re and Allianz to Wind Down Business in Iran
Feb 19 2010 // Germany’s Munich Re and Allianz halted all remaining insurance business in Iran as their national representative body said it backed international moves toward tougher sanctions against Tehran. Against a backdrop of...
Allianz, Daimler Sign International Auto Coverage Partnership Agreement
Feb 3 2010 // Germany’s largest insurer has signed a partnership agreement with car-maker Daimler to provide global automotive insurance. The agreement also provides that Allianz will become Daimler’s exclusive partner for...
Best Affirms Fireman’s Fund ‘A’ Ratings
Jan 12 2010 // A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Fireman’s Fund Insurance Companies, which includes Fireman’s Fund...
Ratings Recap: Berkshire H. (Notes), AXA US, Chartis PR, AGCS Marine
Jan 12 2010 // Standard & Poor’s Ratings Services has assigned its ‘AAA’ senior debt rating to Berkshire Hathaway Finance Corp.’s (BHFC) $1.0 billion senior notes. The notes will have various maturity dates....
Allianz Names Bauer to Head Europe, Middle East ‘Growth Region’
Dec 31 2009 // Allianz annonced that, effective January 1, 2010, Manuel Bauer will be CEO of the new growth region – ‘Central and Eastern Europe, Middle East and North Africa’ (CEEMA). He succeeds Klaus Junker, former...
Allianz, ThyssenKrupp CEO’s Warn of New Market Bubbles
Dec 21 2009 // The chief executives of Allianz, Europe’s biggest insurer, and ThyssenKrupp, Germany’s biggest steelmaker, have warned of new bubbles that they see developing in global markets. “You know why nothing has...
Fireman’s Fund Offers Allianz Brand Personal Auto Insurance in 11 States
Dec 17 2009 // Novato, Calif.-based Fireman’s Fund is launching an Allianz Personal Auto Policy in 11 states, with plans to offer the coverage in more states by the end of 2010. The policy initially will be available in Arizona,...
Allianz Forecasts Emerging Asian Markets to Lead Global Growth in 2010
Dec 10 2009 // An anlaysis from Allianz Insurance Management Asia Pacific concludes that regional GDP is expected to grow by 6.7 percent in 2010, with Asia contributing “almost 39 percent to next year’s global economic...
Best Affirms Allianz Global Corporate and Specialty ‘A+’ Ratings
Oct 27 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa” of Germany’s Allianz Global Corporate & Specialty AG (AGCS...
