Allianz Global Corporate & Specialty News

Allianz Is Lead Reinsurer of $97.3 Million in Ukraine Plane Crash

Allianz SE is the lead hull and liability reinsurer on a Malaysia Airlines passenger jet that was shot down over eastern Ukraine. The aircraft’s value is about $97.3 million, London-based insurance broker Aon Plc, which tracks the market for aviation …

CNA Appoints Mueller Vice President – International

CNA Financial Corporation announced the appointment of Timon Mueller as Vice President of International. He “will lead an underwriting team to strengthen our Home Foreign business and expand our international capabilities,” said the announcement. John Beckman, Chief Underwriting Officer, Commercial, …

Complex Situation Occludes Details on Loss of Malaysia Airlines Flight MH370

Very few details have been released by the re/insurance industry related to the missing Malaysia Airlines Flight MH370, which has caused some minor confusion as to the re/insurers providing coverage for claims. The confusion is primarily the result of the …

Top 10 Corporate Risks in 2014: Allianz Risk Barometer

Business interruption (BI) and supply chain, natural catastrophes and fire/explosion top the list of company risks in 2014, according to the third annual Allianz Risk Barometer, which surveyed over 400 corporate insurance experts from 33 countries. The survey conducted by …

Allianz Global Specialty Targets Nordic Region with Branch in Stockholm

Allianz Global Corporate & Specialty AG (AGCS) has opened its newest branch in Stockholm, Sweden, further expanding its services within the Nordic Region. Since 2009, AGCS has been active in Sweden through a dedicated key account manager in Stockholm, supported …

Allianz Global Corporate & Specialty Expands Offshore Energy Team in Houston

Allianz Global Corporate & Specialty (AGCS) has expanded its Offshore Energy Risk Consulting team with the appointment of Dawayne Tipton as energy risk engineer. Based in Houston, Tipton brings more than 12 years of engineering experience in offshore drilling, including …