Allianz Group News

Allianz Expanding Climate Strategy, Doesn’t Want to Insure Coal Operations

The Allianz Group “is significantly expanding its climate strategy.” The German insurance giant recently announced a commitment to support the change to a low-carbon economy over the coming decades, and is setting for itself long-term climate goals that are linked …

Allianz Global Corporate & Specialty Promotes Haagen and Soja

Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), has announced that effective December 31, Henning Haagen will take over as North American regional head of specialty lines, and Rich Soja will become the North American regional head …

Allianz Expands Entertainment Division to NYC With New Hires

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has expanded its Entertainment division with the appointment of four key hires, based in New York City. Allianz Group said this new team in New York City represents a …

Allianz Forms ‘Digital Transformation’ Unit; Various Senior Execs Appointed

To foster the digitalization of Allianz Group, a new unit called “Digital Transformation” will be established at Allianz SE, the company announced. Solmaz Altın (41), currently CEO of Allianz Turkey, will be appointed chief digital officer to head this unit …

Allianz Group’s AGCS Names Fellows Head of Market Management Canada

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced that Robert J. Fellows has been named head of market management for Canada, effective January 4, 2016. Based in Toronto, he will report directly to Ulrich Kadow, chief …

Allianz Launches Subsidiary in Kenya

Allianz has taken a further step in its growth strategy in Africa by launching operations in Kenya. In addition to Kenya, Allianz Africa operates in 11 other countries: Benin, Burkina Faso, Cameroon, Central Africa, Ivory Coast, Ghana, Madagascar, Mali, Republic …

Allianz Global Corporate & Specialty Appoints McNulty as Head of Claims in Canada

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced that Bernard McNulty has been named the head of claims Canada, effective immediately. Based in Toronto, he will report directly to Ulrich Kadow, chief agent Canada, with a …

Allianz Global Corporate & Specialty Names Kadow as Chief Agent for Canada

Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), has appointed Ulrich Kadow as chief agent for Canada effective immediately. Based in Toronto, Kadow will lead AGCS’s commercial insurance business in Canada and will report to Arthur Moossmann, …

Allianz Reports 11.2% Hike in Net Income During Third Quarter

During the third quarter of 2014, Allianz Group reported total quarterly revenues increased 14.5 percent to 28.78 billion euros*, compared to 25.14 billion euros in the third quarter of 2013. Operating profit stood at 2.65 billion euros, up 5.2 percent …

Fireman’s Fund Names Bailey National Practice Leader in Property

Fireman’s Fund Insurance Co. named Steven Bailey national practice leader in field underwriting for highly protected risks in large property. In this national role, Bailey brings his experience as an underwriter and engineer to the table to work with brokers …