Cyber Incidents Most Feared BI Trigger for Global Companies: Allianz Risk Report January 17, 2018 By L.S. Howard Business interruption and cyber incidents interlink as the major threat facing companies over the coming year, according to a report...
AGCS Names Vissing to Succeed Henson as Head of Claims, Regional Unit London January 16, 2018 Allianz Global Corporate & Specialty (AGCS), Allianz Group’s specialist corporate insurer, has appointed Lars Vissing as Regional Unit London (RUL),...
Compensation for Iran Tanker Accident Could Be Complicated by U.S. Sanctions January 11, 2018 By Jonathan Saul The reluctance of foreign banks to deal with Iran could complicate any compensation payments resulting from the collision last week...
Allianz Suisse to Buy DAS Switzerland from Munich Re’s ERGO January 10, 2018 Allianz Group has agreed to acquire the legal protection insurer DAS Switzerland and the assets of DAS Luxembourg and Slovakia...
Allianz’ Property Unit Plans to Double Asian Investments in Next 3 Years January 4, 2018 By Pooja Thakur Allianz SE’s property unit plans to double investments in Asia over three years as the German firm is drawing in...
Allianz Buys 49% Stake in General Insurance Businesses of UK’s LV= December 29, 2017 Allianz Group announced it has acquired a 49 percent stake in Liverpool Victoria Friendly Society’s UK general insurance businesses, the...
Allianz Invests $96.6M in Digital Microinsurer BIMA December 21, 2017 Allianz X, the digital investment unit of the Allianz Group, announced a $96.6 million investment in BIMA, the digital microinsurer....
China’s Tallest Building Attracts Industry Tenants Including Lloyd’s & Allianz December 12, 2017 By Gregory Turk After more than two years of red tape that kept tenants from moving in, China’s tallest skyscraper, the Shanghai Tower,...
Global Regulators’ Rethinking of Risk Assessment Welcomed by Large Insurers November 21, 2017 By Huw Jones Global regulators are rethinking how to assess risks in big insurance companies, marking a shift that could make life easier...
Minnesota Settles with 13th Life Insurance Company Over Unpaid Claims November 20, 2017 The Minnesota Commerce Department has reached a settlement agreement with a major life insurance company that owed money to Minnesotans...