January 31, 2022
io.insure, the world’s first online mergers and acquisitions (M&A) insurance marketplace for small and medium-sized business (SME) transactions, announced it has launched in Australia. The io.insure marketplace is designed to bridge the significant risk protection gap in the niche M&A …
January 28, 2022
Allianz and UniCredit have signed a multi-country agreement to build on the companies’ longstanding bancassurance partnership which began in 1996. The agreement covers UniCredit’s footprint in Italy, Germany, Central and Eastern Europe, where the company serves more than 15 million …
January 26, 2022
Asset manager Allianz Global Investors, part of German insurer Allianz, said on Wednesday it had set up a new unit focused on “impact” investing in private markets, as part of a sustainable investing drive. AllianzGI, which manages around 647 billion …
January 21, 2022
Some of the world’s biggest insurers are bracing as a second wave of multi-million-pound lawsuits, brought by struggling British pubs, restaurants and bakery chains over lockdown losses, starts hitting London’s courts next week. Zurich, MS Amlin, Liberty Mutual, Allianz and …
January 19, 2022
A group of the world’s biggest insurers and reinsurers jointly pledging to eliminate greenhouse gas emissions from their underwriting activities have run into an unexpected opponent of their planet-friendly mission: competition law. The Net-Zero Insurance Alliance, which counts AXA SA, …
January 18, 2022
A year of unprecedented cyber-attacks, business interruption and supply chain disruption, along with natural catastrophe activity has pushed these three perils to the top of the list of global business risks in this year’s Allianz Risk Barometer. Cyber incidents top …
January 5, 2022
A French court ruled that families of children who suffered side effects from the epilepsy medicine Depakine can join in a class-action lawsuit against drugmaker Sanofi. The company should have warned of the risk of birth defects for pregnant women …
December 22, 2021
JOHANNESBURG – African insurer Sanlam Ltd. said on Wednesday it was exploring “strategic alternatives” with Germany’s Allianz SE for their respective African businesses, excluding Sanlam’s home market of South Africa. Sanlam, South Africa’s No. 1 insurer, did not elaborate on …
December 8, 2021
German financial services company Allianz said on Friday it would increase dividends by 5% each year from 2021 as it raised mid-term guidance, citing progress of its business simplification strategy. The company said it would give shareholders half of its …
November 18, 2021
FRANKFURT – Allianz Chief Executive Officer Oliver Baete said on Thursday that the financial world was getting more dangerous, not safer, setting an ominous tone for investors. Baete, who oversees one of the world’s largest insurers and asset managers, pointed …