Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
Allianz Teams with Borealis Infrastructure to Buy Czech Gas Pipeline Operator
Apr 1 2013 // Germany’s Allianz SE has partnered with Borealis Infrastructure, the infrastructure investment arm of the Ontario Municipal Employees Retirement System (OMERS), to acquire Czech Republic pipeline firm N4G. Each will...
Best Sees Alliance Deal with Yapi Kredi Enhancing Business Profile
Mar 29 2013 // A.M. Best Europe – Rating Services Limited has commented on the recent announcement from Germany’s Allianz SE that it is entering into a long-term partnership with Turkey’s Yapi Kredi and is acquiring Yapi...
Allianz Seals Deal with Turkey’s Yapı Kredi for Insurance Acquisition/Distribution
Mar 28 2013 // Germany’s Allianz announced that it has reached an agreement with Turkey’s Yapı Kredi for a 15-year exclusive distribution agreement and for Allianz to acquire Yapı Kredi Sigorta, the property and casualty...
Florida Regulators Allege Fraud by Allianz in Case of Failed Insurer
Mar 27 2013 // Florida regulators are alleging that insurer Allianz and its companies contributed to the collapse of a Florida domestic property insurer by taking out more than $20 million in assets and rendering it unable to meet its...
Ratings Recap: Solid, Allianz France, Risk Re
Mar 25 2013 // A.M. Best Europe – Rating Services Limited has upgraded the issuer credit rating to “bbb+” from “bbb” and affirmed the financial strength rating of ‘B++’ (Good) of Sweden’s Solid...
Best Affirms Fireman’s Fund, Subs Financial Ratings; Lowers Credit Ratings
Mar 4 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent), but has downgraded the issuer credit rating (ICR) to “a” from “a+” of California-based Fireman’s...
Allianz Reports Revenue, Operating Profit and Net Income Growth for 2012
Feb 22 2013 // Germany’s Allianz Group, Europe’s largest insurer, reported strong results for the financial year 2012. Revenues reached €106.4 billion [$140.66 billion] for the year, an increase of 2.7 percent compared to...
Allianz Estimates Sandy Impact at $670 Million; Won’t Affect Profit Forecast
Jan 18 2013 // Germany’s Allianz SE has announced that its losses from Hurricane Sandy are estimated to total €455 million [approximately $607 million at current rates]. Allianz’ bulletin used a lower exchange rate to put...
Ratings Recap: Jordan Plc, Builders Re S.A., Sava Re, Allianz (Notes)
Dec 17 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit rating of “bbb+” of Jordan Insurance Company Plc (JIC), both with stable...
Allianz Global, ACTIVE Network Launch Race Registration Insurance
Nov 27 2012 // Roughly 15% of race registrants never even make it to the starting line1. ACTIVE Network, a cloud-based Activity and Participant Management company (APM), and Allianz Global Assistance USA, a provider of consumer specialty...
People – West
Sep 10 2012 // Denver, Colo.-based Van Gilder Insurance Corp. named Don Woods its new president. Woods is co-founder and CEO of Community Bankshares Inc. and its subsidiaries. Under Woods, Community Bankshares Inc. grew to over $2...
Allianz Central and Eastern Europe Operations 1st Half Results
Aug 14 2012 // Allianz said its Central and Eastern Europe (CEE) operations “produced solid underlying results for the first six months of 2012 in challenging economic circumstances.” The regional companies reported total...
Fireman’s Fund Names Derossi Chief Operations Officer
Aug 13 2012 // Novato, Calif.–based Fireman’s Fund Insurance Co. named Antonio Derossi its chief operations officer. Derossi will be responsible for operations at Fireman’s Fund and will be based in Novato at the corporate...
Allianz Expresses Concerns over Central Banks Role in Libor Scandal
Aug 6 2012 // Europe’s biggest insurer, Allianz SE, is worried about the role central banks may have played in an interest rate rigging scandal that has enveloped some leading international lenders, the insurer’s chief...
Allianz Adds London, Nice Stadiums to Its ‘Family’
Jul 27 2012 // Germany’s Allianz announced that it has added two new stadiums to the Allianz Family of Stadiums. Allianz France signed a long-term naming rights contract for the new “Allianz Riviera” in Nice, and...
Growing Amount of Space Debris Threatens Satellites: Allianz Report
Jul 11 2012 // A study from Allianz Global Corporate & Specialty (AGCS) warns that “man-made space junk poses a serious threat to all space vehicles including those with humans on board.” The report goes on to explore...
Best Removes Allianz Risk Transfer Ratings fom Under Review
Jun 12 2012 // 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...
Best Affirms Fireman’s Fund Ratings, Removes from Review; Outlook Stable
Jun 7 2012 // A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of...
Best Affirms Allianz SE’s Ratings, Removes from Review, Outlook Stable
Jun 7 2012 // Following the rating actions taken in December 2011, A.M. Best Europe announced that it has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-”...
Olympic Travel Leads to Surge in Travel Insurance Sales
Jun 4 2012 // The 2012 Summer Olympics have provided a welcome boost for airlines, hotels and other travel suppliers that will benefit from an expected jump of more than 30 percent in the number of global travelers going to London...
