Allianz Risk Transfer News

Allianz Develops Blockchain Prototype for Captive Insurance Program

Allianz Global Corporate & Specialty SE (AGCS) has successfully trialed blockchain technology for a global captive insurance program, which facilitates cash transfers between countries. AGCS’s Allianz Risk Transfer (ART) business has teamed up with EY (Ernst & Young) as blockchain …

Allianz Vows to Fight Florida Regulators’ Charges in Magnolia Case

Allianz Risk Transfer (ART NY) has vowed to strongly repudiate charges levied by Florida regulators that it contributed to the collapse of a domestic property insurer by seizing management control and saddling it with millions in fees. The Florida Department …

Best Removes Allianz Risk Transfer Ratings fom Under Review

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 “a” of Allianz Risk Transfer AG (ART), which is …