A.M. Best: Germanwings Crash May Put More Pressure on Aviation War Sector March 31, 2015 A.M. Best said the total insurance loss of Germanwings Flight 4U9525, which crashed in the French Alps on March 24,...
Allianz Estimates $300 Million in Claims for Germanwings Crash, Sources Say March 31, 2015 Germany’s Allianz has estimated insurers will pay $300 million in claims and costs stemming from the crash of a Germanwings...
Shipping Losses Down in 2014 But New Threats Loom: Allianz March 26, 2015 Shipping losses declined to 75 during 2014, a 32 percent drop from the previous year and well below the 10-year...
Allianz Is Lead Underwriter for Crashed Germanwings Airbus A320 March 25, 2015 German insurer Allianz confirmed it was the lead insurance underwriter for the Airbus A320 plane which crashed in the French...
Allianz Profit Drops as Gross’ Exit Spurs PIMCO Asset Outflows February 26, 2015 By Oliver Suess Allianz SE reported an unexpected decline in fourth-quarter profit as the exit of Bill Gross at Pacific Investment Management Co....
Europe’s Insurers to Boost Dividends for Investors Seeking Higher Yields February 25, 2015 By Oliver Suess Europe’s insurers are preparing to boost dividends to the highest of any industry except utilities, making use of expanding surplus...
Allianz Survey: Businesses Face New Challenges in Interconnected World January 15, 2015 Business interruption (BI) and supply chain, natural catastrophes and fire/explosion are the major risks that occupy the attention of companies...
Allianz Announces New Leadership Team for Combined Fireman’s Fund, AGCS NA December 12, 2014 German insurance giant Allianz announced a new team that will lead the combined Fireman’s Fund and Allianz Global Corporate &...
Cyber Attacks, Drones Pose Threat to Plane Safety: Allianz December 9, 2014 By Jonathan Gould and Victoria Bryan Cyber attacks and commercial drones pose a growing risk of commercial airplane crashes, a major insurer said, running counter to...
Global Insurers to Bid for Insurance, Pension Units of Halkbank in Turkey November 12, 2014 By Seda Sezer and Asli Kandemir Insurers from Europe, Asia and the United States are among some 20 potential bidders in the sale by Turkey’s state-run...