Latest Allianz Headlines
All the headlines from our Allianz Topic Page, ordered by recency.
UPDATE: Allianz 2nd Quarter Profit Rises 15% on Fewer Nat Cat Claims
Aug 7 2015 // Allianz SE, Europe’s biggest insurer, said second-quarter profit rose 15 percent as lower claims from natural catastrophes offset a drop in earnings at Pacific Investment Management Co. Net income increased to 2.02...
UK’s Allianz Insurance Partners with Pentura to Provide Cyber Risk Services
Jul 31 2015 // Allianz Insurance has joined forces with cyber risk management company, Pentura, to provide commercial customers with help and guidance to improve cyber security. As part of the partnership, Pentura, which is based in...
India’s Product Recalls Bring New Business for Insurers Such as AIG, Allianz
Jul 23 2015 // As Nestle SA slugs it out with India’s food regulator over the amount of lead in its popular Maggi instant noodles, the dispute is whipping up business for insurers. The local unit of American International Group...
Allianz: Hedge Funds Are Opportunity for Insurance Industry, Not Threat
Jul 16 2015 // Chris Fischer Hirs, the head of Allianz SE’s specialty insurance business, said he welcomes the growing participation of Wall Street in the insurance industry as an opportunity, not a threat. “Hedge funds bring...
Allianz Global Corporate & Specialty Appoints McNulty as Head of Claims in Canada
Jul 9 2015 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced that Bernard McNulty has been named the head of claims Canada, effective immediately. Based in Toronto, he will...
Allianz to Boost Clean-Energy Investments; Eyes U.S. Wind Market
Jun 18 2015 // Allianz SE is boosting its investments in clean-energy in the coming years and is looking to enter the U.S. wind market. The insurer’s Allianz Deutschland unit will raise its annual investment into renewables, mainly...
UK’s Allianz Commercial Promotes Higham to Property Account Manager
Jun 15 2015 // Allianz Commercial has announced the promotion of Paul Higham to the position of property account manager. Higham’s appointment is the third appointment made in the newly aligned property and casualty team, said the...
Allianz to Shrink German Branch Network; Hit by Low Interest Rates
Jun 10 2015 // Allianz SE, Europe’s biggest insurer, said it will shrink its administrative branch network in Germany as low interest rates and regulatory demands hurt industry profitability. About 360 jobs, or about 1 percent of...
Allianz Engineering in UK Appoints Kelly as Senior Technical Manager
Jun 8 2015 // UK-based Allianz Engineering has appointed Steve Kelly as senior technical manager. In his new role, Kelly will be responsible for delivering profitable growth by overseeing the development of Allianz’s engineering...
UK’s Allianz Insurance Aims to Improve Fleet Safety With Telematics Partnership
Jun 5 2015 // Allianz Commercial has joined forces with fleet incident management provider FMG, to provide commercial fleet and motor trade customers with the capability to improve driver safety and fleet efficiency. Allianz Commercial...
Two-Thirds of UK SMEs Not Aware of D&O Insurance: Allianz Research
May 19 2015 // Two-thirds of small and medium business leaders in the United Kingdom are not aware of what directors & officers insurance is, according to new research by Allianz Insurance, one of the largest general insurers in the...
Chubb Hires 3 from Fireman’s Fund High-Net-Worth Team
May 18 2015 // Three insurance professionals with experience in the high-net-worth customer segment have joined Chubb Personal Insurance (CPI). Jennifer Celmer, Robert Haibi and Eric Shanks have been appointed to management roles at...
Allianz Global Corporate & Specialty Names Kadow as Chief Agent for Canada
May 13 2015 // Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), has appointed Ulrich Kadow as chief agent for Canada effective immediately. Based in Toronto, Kadow will lead...
Outflows From Pimco Cut Allianz Asset Management’s Q1 Profit by 14%
May 12 2015 // Allianz SE, Europe’s biggest insurer, said first-quarter profit from asset management slid on outflows from Pacific Investment Management Co. Operating profit at the business, which consists of Newport Beach,...
Allianz Profit Rises 11% to 1.82 Billion Euros Despite Outflows From PIMCO
May 6 2015 // Allianz SE, Europe’s biggest insurer, said first-quarter profit climbed 11 percent, even as investors withdrew funds from its asset manager Pacific Investment Management Co. The shares surged the most in six...
Shareholders Seek Clues to Allianz’s Plan for Pimco from New CEO
May 6 2015 // Allianz shareholders will see new CEO Oliver Baete installed on Wednesday and will be eager for any clues about his strategy for Europe’s largest insurer – and how he plans to improve the prospects of its asset...
CEOs of 43 Companies, Including Allianz, Call for Action on Climate Change
Apr 17 2015 // The bosses of 43 companies including Ikea, Dow Chemical Co. and HSBC Holdings plc called for swift action on climate change, a sign businesses are prepared for a United Nations deal this year on limiting fossil fuel...
Allianz Completes Sale of Fireman’s Fund Personal Lines to ACE
Apr 1 2015 // Allianz Global Corporate & Specialty (AGCS) said it has completed the sale of the U.S. personal lines business of Fireman’s Fund Insurance Co. (FFIC) to ACE Ltd. The sale, which closed on schedule as previously...
Allianz Estimates $300 Million in Claims for Germanwings Crash, Sources Say
Mar 31 2015 // Germany’s Allianz has estimated insurers will pay $300 million in claims and costs stemming from the crash of a Germanwings plane in the French Alps last week, insurance industry sources said on Monday. The figure...
Shipping Losses Down in 2014 But New Threats Loom: Allianz
Mar 26 2015 // Shipping losses declined to 75 during 2014, a 32 percent drop from the previous year and well below the 10-year loss average of 127, according to Allianz Global Corporate & Specialty SE’s (AGCS) third annual...
