Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
Ratings Recap: Dresdner, Allianz, LEMMA, Malayan, Chaucer 1084, Fubon
Nov 14 2007 // Standard & Poor’s Ratings Services has announced that its ratings and outlook on Allianz SE -‘AA’ debt ‘A-1+’ with a stable outlook – and related entities were unaffected by our...
Ratings Roundup: Ancon, PARIS RE (US), Allianz (US), Fireman’s Fund
Nov 14 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and assigned issuer credit ratings (ICR) of “aa” to the Ancon Insurance and Petroleum Casualty Group. They apply to...
Earnings Reports Summaries: Allianz, Allied World, CastlePoint, Hannover Re
Nov 9 2007 // The following companies, listed in alphabetical order, have recently reported third quarter and nine-month earnings results. To obtain the complete report, supplemental information, as well as the details of...
Ratings Roundup: Blue Fin (Allianz), Generali, Greenlight Re, Eureko
Nov 8 2007 // Standard & Poor’s Ratings Services has assigned its ‘BB+’ long-term senior secured debt ratings to each of the following notes issued by Blue Fin Ltd. under Allianz SE’s (rated...
Swiss Re Appoints Singh as New Chief Risk Officer
Oct 26 2007 // Swiss Re announced that it has appointed Raj Singh as the Group’s new Chief Risk Officer. He will succeed Christian Mumenthaler who is taking over operational leadership of the global Life & Health Products...
Minn. Settles Annuity Lawsuit with Allianz Life
Oct 10 2007 // Some seniors who might have died before they could get their annuity money back from Allianz Life Insurance Co. now can apply for refunds and interest under a lawsuit settlement announced this week. Minnesota Attorney...
Ratings Recap: WuerttVers, Lloyd Adriatico/Allianz SpA
Oct 5 2007 // A.M. Best Co. has commented that the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” for Germany’s Wuerttembergische Versicherung AG (WuerttVers)...
Allianz Names Bäte COO, Member Board of Management
Sep 14 2007 // Germany’s Allianz SE announced that Oliver Bäte has been appointed to its Board of Management, as of January 1, 2008. He will take the newly-created position as Chief Operating Officer. The bulletin explained that...
Ratings Recap: XL, Allianz Global, Taiwan Fire, Emerson Re
Aug 22 2007 // Standard & Poor’s Ratings Services has affirmed its ‘A-‘ counterparty credit ratings on XL Capital Ltd. and its core operating companies with a stable outlook. “The ratings on XL are based on...
Allianz Sells Property Portfolio to IVG
Aug 14 2007 // Germany’s Allianz announced that it has “sold a portfolio of German property to IVG Immobilien AG for around €1.3 billion [$1.765 billion]. The portfolio comprises several buildings currently occupied by...
Ratings Recap: Scottish Re, Macau Ins., AEGON, Generali (Austria), Allianz (debt), Sinosure
Aug 10 2007 // Standard & Poor’s Ratings Services said that its rating and outlook on Scottish Re Group Ltd. (SCT; B+/Developing/–) “will not be affected by the company’s five-day delay in its second-quarter...
Ratings Roundup: Luen Fung Hang; Allianz UK; Groupama
Aug 3 2007 // A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating (ICR) of “a-” of Macau-based Luen Fung Hang Insurance Company Limited (LFH) with a stable...
S&P Raises Allianz Ratings to ‘AA’
Jul 13 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Germany’s Allianz SE (AZSE) and various core operating entities to ‘AA’...
Ratings: Kamp Re, Allianz (Russia)
Jun 20 2007 // Standard & Poor’s Ratings Services said that its ‘CC’ senior secured debt rating on KAMP RE 2005 Ltd.’s $190 million floating-rate principal-at-risk notes are remaining on CreditWatch with...
Allianz Enters Final ‘Squeeze-out’ Phase of AGF Shares
Jun 14 2007 // After reaching its announced goal of acquiring in excess of 95 percent of the outstanding shares of French insurer AGF (See IJ web site May 10), Germany’s Allianz SE announced that it is moving ahead with its plan to...
SCOR Balks at World Trade Center Claims Settlement
May 24 2007 // Reinsurer SCOR has asked that the recent $2 billion settlement of World Trade Center claims between Silverstein Properties and several insurers be sent to arbitration because it believes that the terms with one of the...
Allianz Acquires Russian P/C Insurer
May 22 2007 // Germany’s Allianz further expanded its presence in the Russian insurance market with the announcement that it has “finalized the acquisition of the P/C insurer Progress-Garant.” Allianz purchased all of...
Allianz Posts Q1 Eastern Europe Revenues of $1.435 Billion
May 15 2007 // Germany’s Allianz, which has been steadily expanding its activities in Eastern Europe, is now realizing strong results from its ventures. Revenues from Central and Eastern Europe in the first quarter of 2007 reached...
Allianz Confirms AGF ‘Squeeze Out’
May 10 2007 // Allianz SE and its subsidiary Allianz Holding France SAS have confirmed that a squeeze-out will be launched on the remaining shares in AGF shares still held by minority shareholders. The announcement follows the official...
Allianz Q1 Operating Profits up 7.2% to $3.9 Billion
May 8 2007 // Germany’s Allianz Group increased its profitability in the first quarter of 2007, posting an operating profit of €2.87 billion ($3.897 billion) a 7.2 percent gain over the €2.677 billion ($3.635 billion) earned...
