Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
Swiss Re Taps Berger From Allianz as CEO Corporate Solutions, Replacing Galvagni
Sep 24 2018 // Swiss Re announced that Andreas Berger, currently chief regions & markets officer and member of the board of management of Allianz Global Corporate & Specialty SE, has been appointed CEO Corporate Solutions and...
International Olympic Committee Signs Allianz as Sponsor from 2021 to 2028
Sep 20 2018 // The International Olympic Committee (IOC) says insurance company Allianz signed as a worldwide sponsor from 2021 through the 2028 Los Angeles Olympics. The value of the deal, which includes becoming a partner of the...
Americans’ Interest in Self-Driving Cars Goes in Reverse
Sep 19 2018 // Less than half of Americans (43 percent) are interested in utilizing self-driving cars, down from 53 percent last year. According to an annual sharing economy index by Allianz Global Assistance, the lack of interest is...
Allianz Under Fire by Australian Commission for Travel Insurance Sales
Sep 17 2018 // An Australian unit of German insurer Allianz SE sold travel insurance that misleadingly promised unlimited emergency medical cover wherever people were even though the policies had limits on both cost and location, a...
Campaign Calls on U.S. Insurers to Reject Fossil Fuels
Sep 13 2018 // A handful of consumer and climate groups are calling on the insurance industry to ditch fossil fuels as part of a new campaign called Insure Our Future. The entreaty came on the eve of this week’s Global Climate...
Allianz Chief Economist El-Erian Q&A on Trump Trade Battles, Emerging Markets, Brexit
Sep 12 2018 // The trade battles being pursued by U.S. President Donald Trump’s administration are likely to lead to fairer but still free global trade, said Mohamed El-Erian, chief economic advisor at the Allianz Group,...
Allianz Names Schlatmann from Russia’s Sberbank as CEO of European Direct Business
Aug 31 2018 // Allianz announced that it has named Bart Schlatmann as CEO of its European direct business, effective Sept. 1. Schlatmann joins Allianz from Russia’s Sberbank, where he served as chief transformation officer,...
New World of Digital Recruiting: Chatbots, Videos and Social Media
Aug 23 2018 // Long gone are the days when employees printed their resumes and cover letters on fancy paper, worried about choosing the proper font, and put both documents in the mail. The idea of employers printing paper job...
Allianz Global Corporate Adds Setzer, Johnson to Aviation Underwriting Team
Aug 16 2018 // Allianz Global Corporate & Specialty (AGCS) has hired Scott Setzer as an executive underwriter for Aviation, and Adam Johnson as an Aviation underwriter. Setzer will be based in Alpharetta, Georgia and Johnson in...
Allianz Beats Q2 Profit Estimates with Help of PIMCO Bond Fund Unit
Aug 3 2018 // Allianz SE said strong growth across its businesses lifted second-quarter profit as Europe’s largest insurer keeps the market waiting on any acquisitions it will undertake. The gains help keep Allianz on track to...
Financial Markets’ Volatility Will Hit Allianz’ Fund Business, Warns Board Member
Jul 6 2018 // Recent volatility in financial markets will curb inflows this year into Allianz’ asset management business, which includes U.S. bond giant PIMCO, a board member told Reuters. In 2017, Allianz reeled in 150 billion...
Allianz Plans $1.16B Share Buyback Amid Abundance of Capital
Jul 3 2018 // Allianz SE plans to buy back as much as 1 billion euros ($1.16 billion) of its shares amid an abundance of capital and returns crimped by low interest rates. Europe’s biggest insurer will buy back as much as 41.5...
Sea Level Rise Puts $117.5B at Risk from Chronic Flooding
Jul 2 2018 // Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
Sea Level Rise Puts $117.5B at Risk from Chronic Flooding
Jun 21 2018 // Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
With Ambitions to Expand (and Disrupt Allianz), German Insurer DFV Weighs IPO
Jun 21 2018 // With ambitions to challenge insurance giants like Allianz SE, newcomer Deutsche Familienversicherung AG [DFV] needs 100 million euros ($116 million) in fresh funds to finance its expansion plan. An initial public offering...
Allianz’ CEO Seeks Big M&A – But He Doesn’t Want to Pay for It: Opinion
Jun 19 2018 // The CEO of Europe’s biggest insurer is up for a big deal. He just doesn’t want Allianz SE to pay for it. Oliver Baete is going to find it hard to have his cake and eat it. Three years into the job, and things...
Allianz Eyes M&A Targets Zurich, Hartford, QBE, Argo and More After Missing Out on XL
Jun 12 2018 // A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe’s largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential acquisition targets as...
Allianz, UniCredit Form Bancassurance Partnership in Central & Eastern Europe (CEE)
Jun 8 2018 // Allianz Group and UniCredit have signed a long-term bancassurance cooperation agreement in the Central and Eastern Europe (CEE) region. With this agreement, which will gradually start in the second half of 2018, UniCredit...
Allianz Group to Acquire 8% of Africa Re
May 30 2018 // Allianz Group has agreed to acquire eight percent in African reinsurer Africa Re. The total cash consideration payable at closing would amount to USD$ 81 million (or Euro 69 million). Africa Re has been operating for 42...
Allianz Global Corporate & Specialty Expands Cargo Coverage
May 24 2018 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has expanded its Project Cargo offering through a direct partnership with its Engineering division. The new collaborative...
