Allianz Analyzes Marine Risks – 100 Years after Titanic Disaster March 26, 2012 By Charles E. Boyle Specialist marine insurer Allianz Global Corporate & Specialty (AGCS) has taken an in depth look at the current state of...
Allianz Confirms 2011 Earnings; Warns 2012 Won’t Be Easier than 2011 March 23, 2012 Allianz confirmed the earnings figures previously published in February in its 2011Annual Report, but Europe’s biggest insurance group also warned...
Allianz Teams with Experts to Assess Climate Change Impact on Insurers March 15, 2012 By Charles E. Boyle Europe’s largest insurer, Germany’s Allianz SE, posed the following question: “How does climate change affect the business model of a...
Allianz Posts $3.73 Bn Net Income; Hit by Cat Claims, Sovereign Debt, Banks February 24, 2012 By Charles E. Boyle Catastrophe claims and write downs on investments in sovereign bonds and banks were behind the profit fall revealed by Allianz,...
U.S. Justice Dept. Closes Allianz Indonesia Bribery Probe w/o Charges February 21, 2012 By Aruna Viswanatha The U.S. Justice Department has closed its investigation into whether Allianz SE violated a foreign bribery law through its insurance...
UK’s Evolution Secures Allianz Capacity for Additional 5 Years February 1, 2012 Commercial underwriting specialist Evolution Underwriting has announced the extension of its capacity arrangements with Allianz for a further five years....
S&P Follows up on Euro Zone Rating Actions January 18, 2012 By Charles E. Boyle Standard & Poor’s Ratings Services has followed up on the rating actions it announced in December concerning a number of...
Allianz Ready to Convert Commerzbank Non-voting Stake Say Sources January 11, 2012 By Alexander Hübner and Jonathan Gould German insurer Allianz is ready to adjust its €750 million [$952 million] non-voting capital stake in Commerzbank to help the...
AXA, Japan Post Top Best’s List of World’s Largest Insurers January 4, 2012 By Charles E. Boyle France’s AXA S.A. has again topped the list of the world’s 25 largest insurance companies, based on premiums written, compiled...
Ratings Roundup: Heritage, Euler Hermes (US) December 22, 2011 A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Calif.-based...