Latest Allianz Headlines

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

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...

People Moves: Brit Names Guy Carpenter’s Stephenson to Lead Bermuda Expansion; HDI Global Taps Geis From Allianz as Managing Director for Germany

Sep 5 2024 // This edition of International People Moves details appointments at Brit Ltd. in Bermuda and HDI Global in Germany.A summary of these new hires follows here. Brit Names Guy Carpenter’s Stephenson to Lead Bermuda...

Singapore Monetary Authority Defends Allianz’s $1.7B Plan to Buy Income Insurance

Aug 6 2024 // Singapore ministers addressed concerns about Allianz SE’s plan to buy a majority stake in Income Insurance Ltd., saying it would be held to account on its commitments and that the potential deal isn’t expected...

Howden to Acquire Allianz UK’s Musical Insurance Book

Aug 1 2024 // Howden, the global insurance intermediary group, today announces that it has agreed to acquire the Musical Insurance book from Allianz UK and will incorporate its customer base and marketing and operations teams into...

Arch Completes Acquisition of Allianz’s U.S. MidCorp and Entertainment Businesses

Aug 1 2024 // Arch Insurance North America it has closed the acquisition of the U.S. MidCorp and Entertainment insurance businesses from Allianz. Nearly 500 former Allianz MidCorp and Entertainment employees have joined Arch and will...

Allianz Sees Damages Worth Tens of Millions for German Vineyards

Jul 22 2024 // Insurer Allianz SE expects to pay German winemakers tens of millions of euros in insurance claims this year after many vineyards lost their entire harvest to heavy frosts.While mild temperatures earlier in the year helped...

Allianz Makes $1.6 Billion Offer for 51% of Singapore’s Income Insurance

Jul 17 2024 // Allianz SE agreed to buy a majority stake in Singapore’s Income Insurance Ltd. for about S$2.2 billion ($1.6 billion) to strengthen its presence in Asia.The German company plans to acquire at least 51% of Income...

Singapore’s Income Insurance, Allianz in Talks on Potential Transaction

Jun 14 2024 // Singapore’s Income Insurance Ltd is in discussion with Allianz regarding a transaction relating to its shares in Income Insurance, it said in a statement on Friday.The company added in the statement that there is no...