Latest Allianz Headlines

All the headlines from our Allianz Topic Page, ordered by recency.

People Moves: Generali Global Corporate & Commercial Taps Allianz’s Moro as Head of Cyber Insurance; Miller Bolsters Asia Power Team, Appointing Howden’s McGonagle

Dec 19 2024 // This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C) and the broker Miller.A summary of these new hires follows here. Generali Global Corporate &...

Allianz Withdraws $1.63B Offer for Singapore’s Income Insurance

Dec 16 2024 // German insurer Allianz has withdrawn its offer to acquire at least 51% of Singapore’s Income Insurance for about $1.63 billion, the company said in a statement on Monday.Reuters reported on Dec. 13 that the insurer...

Allianz Raises Financial Targets for Next Three Years

Dec 10 2024 // Allianz, one of Europe’s biggest insurers, has raised its three-year financial targets after outperforming its key goals for this year, the company said on Tuesday.Shares in Allianz fell 1.3% by 0832 GMT. The...

Ex-Allianz Fund Manager Avoids Jail Over $3 Billion Collapse

Dec 9 2024 // A former Allianz SE hedge-fund manager avoided prison and will instead spend 18 months in home confinement for fraudulently inflating the value of funds that ultimately collapsed, resulting in $3.2 billion in investor...

Allianz Pauses Talks With Amundi Over Control of Asset Manager

Dec 9 2024 // Allianz SE has temporarily halted talks with Amundi SA over combining its Allianz Global Investors asset management arm with the French company.The two sides were unable to agree on a deal structure, including control of...

Amundi Interested in Buying Allianz Global Investors

Dec 5 2024 // Amundi SA is interested in acquiring control of Allianz SE’s asset manager Allianz Global Investors as the French company scouts for deals amid industry consolidation, people familiar with the matter...

People Moves: HUB Int’l Names Dutton President of HUB Canada West; Von Mesterhazy Appointed Managing Director of Allianz UK Specialty, as O’Keeffe Retires

Nov 26 2024 // This edition of International People Moves details appointments at HUB International and Allianz UK Specialty.A summary of these new hires follows here. HUB International Names Dutton President of HUB Canada WestHUB...

Allianz Offers 5 Loss Trends to Watch on the Liability Front

Nov 21 2024 // As the costs of nuclear and thermonuclear verdicts explode in the U.S., organizations are examining ways to predict, prevent and avoid the liabilities that light the fuse on multi-million-dollar court cases.Areas critical...

Allianz Exec Ryan to Succeed Donnell as NCCI President and CEO

Nov 14 2024 // The board of NCCI Holdings, Inc. elected Tracy Ryan as its new president and CEO, effective January 6, 2025.Bill Donnell, the company’s current president and CEO, is retiring in February 2025. Boca Raton,...

Argentina Fintech Ualá Raises $300 Million in Round Led by Allianz X

Nov 13 2024 // Argentine fintech company Ualá has raised $300 million from investors at a valuation of $2.75 billion, the latest funding haul for one of the most valuable startups in Latin America.The Series E round was led by Allianz...

Swiss Re Agrees to Sell iptiQ’s European P&C Business to Allianz Direct

Nov 5 2024 // Swiss Re has agreed to sell iptiQ’s European P&C business to Allianz Direct, in line with its strategic decision to withdraw from iptiQ.Allianz Direct, the pan-European online insurer of Allianz Group, will take...

Bain-Backed Motor Insurer Esure Draws Interest from Aviva, Allianz

Nov 1 2024 // Aviva Plc and Allianz SE are among potential bidders for Britain’s home and motor insurance firm Esure Group Plc, according to people familiar with the matter.Sampo Oyj, which owns British general insurer Hastings...

Allianz Weighs Options for AllianzGI Unit: Sources

Oct 25 2024 // Allianz is weighing options for its Allianz Global Investors unit, including a possible merger or partial sale of the division, four people with knowledge of the matter told Reuters, in a move that would give the business...

Ambani’s Jio in Talks With Allianz for Insurance JVs in India

Oct 23 2024 // Jio Financial Services Ltd., controlled by billionaire Mukesh Ambani, has held talks with Allianz SE to set up an insurance partnership in India as the German firm seeks to scrap two existing joint ventures in the country,...

Allianz Mulls Ending Decades-Old Bajaj Insurance India JVs

Oct 22 2024 // Allianz SE is in talks to scrap two Indian joint ventures with Bajaj Finserv Ltd., in a dispute over the direction of the partnership, according to people familiar with the matter.Allianz plans to exit Bajaj Allianz Life...

Singapore Amends Law to Stop Allianz’s Insurance Deal

Oct 17 2024 // Singapore lawmakers passed an amendment to a bill that will effectively block Allianz SE’s proposed S$2.2 billion ($1.7 billion) acquisition of a majority stake in a local insurance firm.Under the amended Insurance...

Singapore Blocks $1.7 Billion Allianz-Income Insurance Deal

Oct 15 2024 // The Singapore government will block a proposed S$2.2 billion ($1.7 billion) deal by Allianz SE to buy a majority stake in a homegrown insurance firm, three months after the transaction sparked a public backlash.The...

Pro-Palestinian Activists Target UK Offices of Germany’s Allianz

Oct 8 2024 // Pro-Palestinian activists targeted the British offices of German financial services firm Allianz on Tuesday, daubing the outside with red paint in protest over the company’s links to Israeli defense firm Elbit...

Wefox Appoints Former Allianz Executive Mueller as CEO to End Shareholder Fight

Sep 20 2024 // Wefox Holding AG appointed former Allianz manager Joachim Mueller as chief executive officer, ending a boardroom battle that pit the insurance tech startup’s founders against some of its shareholders.Mueller will...

People Moves: Lillelund Named CEO of AGCS; Ardonagh Names Allianz’s Mitchell for Growth in Asia; Carbon Taps Asta’s Gallagher as Head of Syndicate Mgmt.

Sep 16 2024 // This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS), The Ardonagh Group, and Carbon Underwriting.A summary of these new hires follows here. Lillelund Named...