Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
Allianz Global Canada Receives Provincial Approvals
Jan 7 2005 // Allianz Global Risks Canada, formerly a division of Allianz Insurance Company of Canada, announced that it has received provincial regulatory approvals to operate as a licensed branch of Allianz Global Risks US Insurance...
Allianz Providing ‘On the Ground’ Help for Tsunami Victims in Phuket
Jan 6 2005 // Germany’s Allianz announced that it has been providing “on the ground” support to customers in Phuket, Thailand, the popular tourist island which was hit by the tsunamis that devastated Southeast...
Allianz Cornhill Sells Life Unit to Britannic
Dec 16 2004 // Allianz Cornhill, the U.K. operating division of Germany’s Allianz, has sold its U.K. direct life operations to the Britannic Group for £110 million ($212 million). The sale of the unit, which is closed to new...
Bremkamp to Retire, Greco to Join Allianz Board
Dec 16 2004 // At a recent meeting the supervisory board of Allianz AG announced that it has accepted the decision of Detlev Bremkamp (60) to retire by the end of 2005. It also announced the appointment of Mario Greco (45) to the Allianz...
ING Canada Closes Allianz P/C Acquisition
Dec 10 2004 // ING Canada and Allianz Group have closed their previously announced definitive share purchase agreement for the acquisition by ING Canada of Allianz’ Canadian P/C operations. “Under the terms of the agreement,...
Allianz Marine & Aviation Confirms Plans to Continue “Specialist Strategy”
Dec 9 2004 // Allianz Marine & Aviation, the Allianz Group brand for specialist transportation, shipping and aviation insurance, has confirmed its strategy of focused specialization within selected markets based on strong technical...
Chrysler Sues Allianz for Blackout That Shut Down 14 of 31 Plants
Dec 6 2004 // DaimlerChrysler AG’s Chrysler Group has sued insurers for refusing to cover losses the company sustained during the 2003 blackout. The outage–the worst in U.S. history–left millions of Michigan residents...
Chrysler Sues Allianz for Blackout Losses
Nov 24 2004 // DaimlerChrysler AG’s Chrysler Group has sued insurers for refusing to cover losses the company sustained during the 2003 blackout. The outage—the worst in U.S. history—left millions of Michigan residents without...
Fadden Joins Allianz Marine & Aviation
Nov 17 2004 // Allianz Marine & Aviation, the specialist insurer for transportation, shipping and aviation risks of the Allianz Group, announced that Tom Fadden has joined the group as airlines underwriter. Fadden, who has over 15...
S&P Affirms Allianz ‘AA-‘ IFS Ratings; ‘A-1+’ Debt
Oct 18 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its ‘AA-‘ long-term insurer financial strength and counterparty credit ratings on Germany’s Allianz AG (AZAG) and various core...
S&P Lowers FSR for Fireman’s Fund, Some Subs
Oct 15 2004 // Standard & Poor’s Ratings Services has lowered its counterparty and financial strength ratings on Fireman’s Fund Insurance Co. (FFIC) and some of its rated subsidiaries and its financial strength ratings...
Best Moves Ratings for Allianz Canada Subsidiaries Under Review
Oct 13 2004 // A.M. Best Co. has placed the financial strength ratings of A- (Excellent) of Allianz Insurance Company of Canada and B+ (Very Good) of its affiliate company, Trafalgar Insurance Company of Canada (both of Toronto), under...
ING to Acquire Most of Allianz Canada, S&P Puts Insurer on CreditWatch
Oct 10 2004 // The Netherlands’ ING Group and Germany’s Allianz announced that they have concluded a definitive share purchase agreement for the acquisition of Allianz’ property and casualty (P&C) insurance...
Allianz to Disclose Individual Executives’ Salaries
Sep 17 2004 // Germany’s Allianz AG announced that its Board of Management has agreed by mutual consent with the Supervisory Board to provide individual disclosure of remuneration for the members of the Board of Management...
Allianz Posts Strong 1st Half Results
Aug 17 2004 // Germany’s Allianz Group reported a very strong first half for 2004 with total revenues of 49.5 billion euros ($61 billion). Net income was 1.289 billion euros ($1.59 billion), an increase of more than 1.1 billion...
Allianz Appoints Bowers New Asia CEO
Aug 11 2004 // Germany’s Allianz announced that Bruce Bowers has been appointed CEO of Allianz Insurance Management Asia Pacific Pt. Ltd., based in Singapore, with effect from September 1, 2004. He will succeed Alan Wilson who has...
Allianz Cornhill Captures General Insurer of the Year
Jul 12 2004 // Allianz Cornhill was presented with the General Insurer of the Year award at the British Insurance Awards (BIA) ceremony held at the Royal Albert Hall in London on July 7. The BIA accolades are awarded by a panel of...
A.M. Best Affirms Rating for Allianz Cornhill
Jul 12 2004 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of Allianz Cornhill Insurance plc (Allianz Cornhill) (United Kingdom). The rating reflects A.M. Best’s view of Allianz Cornhill as a core...
A.M. Best Affirms Ratings of Allianz Insurance Group and Fireman’s Fund
Jun 22 2004 // A.M. Best Co. has affirmed the financial strength ratings of A (Excellent) of Allianz Insurance Group (Allianz), which consists of Allianz Global Risks US Insurance Company and its wholly-owned subsidiary, Allianz...
S&P Affirms Allianz ART Ratings, CreditWatch Removed
Jun 14 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its “AA-” long-term counterparty credit, insurer financial strength, and insurer financial enhancement ratings on Swiss-based Allianz...
