Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
Allianz to Disclose Individual Executives’ Salaries
Sep 17 2004 // Germany’s Allianz AG announced that its Board of Management has agreed by mutual consent with the Supervisory Board to provide individual disclosure of remuneration for the members of the Board of Management...
Allianz Posts Strong 1st Half Results
Aug 17 2004 // Germany’s Allianz Group reported a very strong first half for 2004 with total revenues of 49.5 billion euros ($61 billion). Net income was 1.289 billion euros ($1.59 billion), an increase of more than 1.1 billion...
Allianz Appoints Bowers New Asia CEO
Aug 11 2004 // Germany’s Allianz announced that Bruce Bowers has been appointed CEO of Allianz Insurance Management Asia Pacific Pt. Ltd., based in Singapore, with effect from September 1, 2004. He will succeed Alan Wilson who has...
Allianz Cornhill Captures General Insurer of the Year
Jul 12 2004 // Allianz Cornhill was presented with the General Insurer of the Year award at the British Insurance Awards (BIA) ceremony held at the Royal Albert Hall in London on July 7. The BIA accolades are awarded by a panel of...
A.M. Best Affirms Rating for Allianz Cornhill
Jul 12 2004 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of Allianz Cornhill Insurance plc (Allianz Cornhill) (United Kingdom). The rating reflects A.M. Best’s view of Allianz Cornhill as a core...
A.M. Best Affirms Ratings of Allianz Insurance Group and Fireman’s Fund
Jun 22 2004 // A.M. Best Co. has affirmed the financial strength ratings of A (Excellent) of Allianz Insurance Group (Allianz), which consists of Allianz Global Risks US Insurance Company and its wholly-owned subsidiary, Allianz...
S&P Affirms Allianz ART Ratings, CreditWatch Removed
Jun 14 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its “AA-” long-term counterparty credit, insurer financial strength, and insurer financial enhancement ratings on Swiss-based Allianz...
S&P Affirms Allianz Canada ‘BBB’ Ratings; Raises Outlook to Stable
Jun 10 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on Allianz Insurance Co. of Canada and Trafalgar Insurance Co. of Canada (collectively referred to as Allianz Canada) to stable from...
People and Places
Jun 7 2004 // Michael Donnelly Professional Lines Underwriting Specialists Inc. (PLUS), an Austin-based professional liability insurance wholesaler, named Michael Donnelly as vice president. Donnelly comes to PLUS after spending his...
S&P Ups Outlook, Affirms Allianz Australia Ratings
Jun 3 2004 // Standard & Poor’s Ratings Services announced that it has revised the rating outlook on Allianz Australia Insurance Ltd. (Allianz Australia) and its associated company, Allianz New Zealand Ltd., to positive from...
S&P Puts Allianz ART Unit on CreditWatch
May 12 2004 // Standard & Poor’s Ratings Services announced that it has placed its “AA-” counterparty credit, insurer financial strength, and insurer financial enhancement ratings on Swiss-based Allianz Risk...
Fireman’s Fund Selects Kavitsky to Succeed Post as CEO and President
May 10 2004 // Fireman’s Fund Insurance Company (FFIC), the California-based subsidiary of Germany’s Allianz, announced that Jeff Post, 44, has resigned as CEO and president for personal reasons and will leave the company at...
Allianz Reports Strong Q1 Results
May 6 2004 // Germany’s Allianz Group marked the end of the first quarter of 2004 with a surge in operating earnings and profits in all four of its main business segments. The group’s report, posted on its Website, indicated...
Allianz Foresees Growth in Chinese Market
Apr 1 2004 // Michael Diekmann, Chairman and CEO of the Allianz Group, has expressed his confidence in the company’s prospects in the Chinese market. On his first visit to the country since taking over Allianz, Diekmann and Werner...
Allianz 2003 Profits $1.96 Billion, Dresdner Loss Weighs
Mar 19 2004 // Germany’s Allianz AG bounced back strongly from last year ‘s losses to post net profits of 1.6 billion euros ($1.96 bllion) for 2003. Nevertheless the poor performance of the Group’s banking operations,...
Best Downgrades Allianz Canadian Subs
Mar 2 2004 // A.M. Best Co. announced that it has downgraded the financial strength rating to “A-” (Excellent) from “A” (Excellent) of Allianz Insurance Company of Canada and the financial strength rating to...
Best Affirms Allianz ‘A+’ Ratings
Feb 12 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Germany’s Allianz Aktiengesellschaft and its core subsidiaries. It has also affirmed the “aa-”...
Allianz’ Spanish Sub Posts Premium Gains
Jan 30 2004 // Allianz Compania de Seguros y Reaseguros, the Barcelona-based Spanish subsidiary of Germany’s Allianz, announced that it has seen premium income grow by more than 13 percent in 2003 and nearly 60 percent over the...
Allianz Global Risks US Insurance Co. Unveils Power Generation Unit
Jan 26 2004 // Allianz Global Risks US Insurance Company has launched a new business unit to provide property insurance to the U.S. power generation industry, including utilities and wholesale suppliers. The company is targeting large,...
Allianz GR Lead Insurer for Orinoco Bridge
Jan 26 2004 // London-based Allianz Global Risks, a unit of Germany’s Allianz AG, announced that it will act as the lead insurer for the second Orinoco River Bridge Project. At 2,140 kilometers (1285 miles), the Orinoco is South...
