Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
Allianz, Toyota & BMW Partner to Develop Autonomous Vehicle Strategies
Oct 7 2016 // Global automakers Toyota, BMW and insurer Allianz will license technology from Silicon Valley start-up Nauto, which uses cameras and artificial intelligence systems in cars to understand driver behavior, Nauto said on...
Allianz Names Mah North America Winery Team Lead in California
Sep 21 2016 // Allianz Global Corporate & Specialty has named Dennis Mah winery team lead for North America. Mah is based in Sacramento, Calif., and he will report to Karen Walter, West zone farm and ranch lead. Mah will be...
Allianz Expands Global Environmental Impairment Liability Team
Sep 8 2016 // Allianz Global Corporate & Specialty (AGCS) is expanding its global Environmental Impairment Liability (EIL) team with new senior hires in the North American and Mediterranean regions. “Environmental claims pose...
Allianz Launches Inland Marine Cargo Insurance Product
Aug 30 2016 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has launched Transportation Block 2020, a fully integrated and comprehensive inland marine cargo insurance product,...
Allianz, AXA Bid for Rights to Sell Products via StanChart Outlets in Asia: Sources
Aug 18 2016 // Allianz SE, Europe’s biggest insurer, and France’s AXA SA were among first-round bidders for the rights to distribute general insurance products through Standard Chartered Plc outlets in Asia, according to...
Allianz Group’s AGCS Names Property, Engineering & Risk Consulting Senior Leaders
Aug 15 2016 // Allianz Global Corporate & Specialty SE (AGCS) has announced senior underwriting appointments in property and engineering as well as risk consulting. Thierry Portevin will take over the role of global head of Property...
Allianz Launches Cyber Coverage to Address Emerging Risks
Aug 10 2016 // Allianz Global Corporate & Specialty (AGCS) has introduced its next generation cyber and professional liability coverage product called ACCEPT Protect designed exclusively for the North American market. The new product...
Allianz Q2 Profit Drops 46% on Nat Cat Claims, Expected Sale of South Korea Unit
Aug 5 2016 // Allianz SE said second-quarter profit almost halved, missing estimates, as Europe’s biggest insurer faced higher claims from natural disasters and charges for the expected sale of its South Korea unit. Net income...
Allianz Unveils Transactional Liability Unit as M&A Surges
Jul 27 2016 // Allianz Group is launching a new transactional liability unit designed to take advantage of greater M&A deal activity in the U.S. and, ultimately, around the world. The insurer’s Allianz Global Corporate &...
Allianz Names XL Catlin’s Posner Senior Underwriter for Terrorism Insurance in North America
Jul 14 2016 // Allianz Global Corporate & Specialty (AGCS) reported that Adam Posner has been named senior underwriter for Terrorism & Political Violence insurance. Posner will be based in New York and he will report directly to...
Allianz Set to Begin $3.3B Asia Property Push over Next 3 Years
Jun 30 2016 // Allianz Real Estate is set to make its biggest Asian investment to date, in a first step toward adding as much 3 billion euros ($3.3 billion) of real estate in the region within three years. The $150 million pan-Asian fund...
Allianz Names Walter West Zone Farm And Ranch Team Lead
Jun 24 2016 // Allianz Global Corporate & Specialty has named Karen Walter team lead for the West zone farm and ranch division. Walter will report through to both Craig Cendak, West zone mid corporation leader, and Atul Kulkarni,...
Re/Insurance Business Leaders Begin to Comment on Post-Brexit World
Jun 24 2016 // The UK joined the European Union in January 1973, and yesterday, the UK public voted to leave. After 43 years of marriage, the divorce proceedings will soon begin. No one knows how long it will take for the UK to untangle...
Allianz’ PIMCO Axes Jobs in Response to Fall in Assets after Gross’ Exit
Jun 17 2016 // Pacific Investment Management Co. cut its workforce by 68 people, or about 3 percent, and is offering buyouts as assets under management have fallen in recent years, according to a memo obtained by Bloomberg. “Like...
Allianz Plans to Purchase Zurich’s Moroccan Division for $275M
Jun 17 2016 // Allianz Group plans to pay more than $275 million for Zurich Insurance’s Moroccan subsidiary. The deal for Zurich Assurances Maroc is expected to close at the end of 2016, pending regulatory approvals. Zurich’s...
Allianz Expects Blockchain Tech to Expedite Cat Bond Deals
Jun 15 2016 // German insurer Allianz expects the technology underpinning virtual currency bitcoin to encourage trading in catastrophe bonds, which transfer the risk of natural disasters such as hurricanes to investors. “Cat...
Run-Off Specialist Compre to Buy Allianz IARD’s Pool Legacy Business
Jun 14 2016 // Compre, the independent insurance and reinsurance legacy specialist, has agreed to acquire Allianz IARD’s Ridgwell Fox & Partners (RFP) pool legacy reinsurance business for an undisclosed sum. RFP is a...
UK’s Allianz Insurance Offers Free Cyber Risk Assessment Tool for SMEs
Jun 9 2016 // Allianz Insurance plc, the U.K. subsidiary of Allianz SE, has partnered with global cyber security consultancy, IT Governance Ltd., to offer commercial customers a free online cyber risk assessment. The Allianz Cyber Risk...
Allianz Corporate Specialty Adds 3 to Cyber Insurance Team for North America
Jun 7 2016 // Allianz Global Corporate & Specialty (AGCS) has expanded its North American cyber insurance team with three industry professionals: Laura Burke, Daniel J. DeLoof and Lester Shearn. Emy R. Donavan was also promoted to...
Allianz Expands Entertainment Division to NYC With New Hires
May 23 2016 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has expanded its Entertainment division with the appointment of four key hires, based in New York City. Allianz Group said...
