Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
S&P: Outlook Negative on 9 Japanese P/C Insurers; Ratings Affirmed
Mar 25 2011 // Standard & Poor’s Ratings Services has conducted a detailed analysis of 15 Japanese P/C insurers, and has made several adjustments in its ratings following the earthquake and tsunami, which hit the country on...
Allianz Nat Cat Analysis: Economic Growth a Major Factor for Increased Losses
Mar 24 2011 // Experts on natural catastrophe risk at Allianz have highlighted the growing trend in insured losses arising from natural catastrophes worldwide in a risk briefing – the “Allianz Risk Pulse: Focus Natural...
Berkshire Hathaway Enters India Insurance Market
Mar 4 2011 // Billionaire Warren Buffett’s Berkshire Hathaway is entering the Indian insurance market as a corporate agent for Bajaj Allianz, the companies said. Berkshire made no investment in Bajaj, but will sell policies for...
Holocaust Survivors Want U.S. to Push European Insurers on Payments
Mar 2 2011 // Aging survivors of the Nazi Holocaust plan to protest outside a political fundraiser in Miami Beach featuring President Barack Obama this week to publicize their struggle to collect what they say is $20 billion in Jewish...
European Insurers Dogged by Fresh Capital Fears
Feb 24 2011 // A bumper equity issue from Aegon and a disappointing dividend from Allianz stirred fresh fears about European insurers’ capital strength on Thursday, weighing on their shares. The capital-boosting measures by Allianz...
Allianz Global Corporate & Specialty Launches New Website
Jan 19 2011 // Allianz Global Corporate & Specialty (AGCS) has published a new corporate website, featuring “an extensive knowledge section and other enhancements to keep its clients, brokers, business partners, press and any...
Ratings Recap: Allianz Global (US), Balboa Group, North Light, Heritage
Dec 28 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings of “aa” of Allianz Global Corporate & Specialty North America (AGCS NA), which includes...
Ratings: Aspen, Allianz Risk Transfer, Inter Hannover UK, Transsib Re, Jordan Insurance
Dec 23 2010 // Standard & Poor’s Ratings Services has assigned its preliminary ‘BBB+’ senior debt, preliminary ‘BBB’ subordinated debt, preliminary ‘BBB-‘ junior subordinated debt, and...
Best Affirms Fireman’s Fund Companies ‘A’ Ratings; Upgrades ICR
Dec 23 2010 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of Fireman’s Fund Insurance...
Best Assigns Rating to Allianz Risk Transfer AG
Dec 23 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa” of Allianz Global Corporate &...
Sources Say Allianz and Partners Plan UK Fast-rail Bid
Oct 29 2010 // German insurer Allianz has tapped Britain’s largest private pension fund and one that invests the pensions of Canada’s Mounties to make a joint bid for Britain’s sole high-speed railway, sources...
Ratings Roundup: Travelers (UK), Tenet, Allianz (France)
Oct 19 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A (Excellent) and issuer credit rating (ICR) of “a+” of UK-based Travelers Insurance Company Limited (TICL),...
Minnesota’s Allianz Has New VP of Life Insurance Sales
Sep 14 2010 // Allianz Life Insurance Company of North America, Minneapolis has named Jason Wellmann as the new senior vice president of Life Insurance Sales. In this role, Wellmann will be responsible for leading Allianz life insurance...
Allianz Realigns Global Cooperation with Car Manufacturers
Jul 22 2010 // Germany’s Allianz, Europe’s largest insurer, announced the formation of a new unit for cooperation with car manufacturers at Allianz Versicherungs-AG / International with a “direct reporting line to the...
Insurers Revive Cat Bond Market
Jun 21 2010 // Insurers are issuing catastrophe bonds again to complement traditional and cheaper reinsurance and to spread the risks in buying protection against events that could cost them tens of billions of dollars in claims. The...
Ratings Roundup: Allianz (Italy), MAPFRE PRAICO, Maiden
Jun 18 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa” of Allianz S.p.A. (Italy), both with stable outlooks. Best explained that the...
Life products, Asset Mgmt. Buoy Allianz, Generali, Aegon, Ageas in Q1
May 13 2010 // European insurers were buoyed by strong sales of life insurance and asset management products on the back of a reviving economy in the first quarter, offsetting big disaster damage claims. Germany’s Allianz,...
Allianz 2009 Net Income up 13% at $6.4 Billion
Feb 26 2010 // Germany’s Allianz Group posted preliminary figures for 2009, indicating that its net income rose by 13.2 percent to €4.7 billion [$6.4 billion]. Revenues were up up 5.2 percent to €97.4 billion [$132.5...
Germany’s Munich Re and Allianz to Wind Down Business in Iran
Feb 19 2010 // Germany’s Munich Re and Allianz halted all remaining insurance business in Iran as their national representative body said it backed international moves toward tougher sanctions against Tehran. Against a backdrop of...
Allianz, Daimler Sign International Auto Coverage Partnership Agreement
Feb 3 2010 // Germany’s largest insurer has signed a partnership agreement with car-maker Daimler to provide global automotive insurance. The agreement also provides that Allianz will become Daimler’s exclusive partner for...
