All the headlines from our Allianz Topic Page, ordered by recency.
Jul 2 2020 // Allianz, which is facing headwinds from the coronavirus crisis, expects to be back on track in 2021 barring a second major outbreak or financial market correction, the German insurer’s chief executive said in an...
Jul 1 2020 // Allianz Global Corporate & Specialty (AGCS), the industrial insurer of Allianz Group, is embarking on restructuring program, designed “to regain profitability and market leadership in the corporate and specialty...
Jul 1 2020 // Allianz said on Wednesday that it was ending its relationship with Wirecard Bank and removing from the market a mobile payment app that the two companies had developed.The move is further fallout in corporate Germany amid...
Jun 19 2020 // Commercial insurers are scrutinizing building managers’ efforts to avoid outbreaks of Legionnaires’ disease as they re-open movie theaters, gyms, schools and offices that had been closed for months due to the...
Jun 18 2020 // S&P Global Ratings has revised its outlook on Allianz Global Corporate & Specialty SE (AGCS) to negative from stable, while at the same time affirmed the insurer’s “AA” financial strength and...
Jun 16 2020 // Allianz Global Corporate & Specialty (AGCS) announced the launch of a new Allianz Cyber Protect product in the UK.AGCS, Allianz’s entity for large-scale corporate and specialty risks, released its new Allianz...
Jun 5 2020 // Allianz is in talks with Chinese regulators for a license as the German insurer looks to eventually offer broad asset management services in the world’s second-largest economy.Discussions for a license to manage its...
Jun 4 2020 // Allianz Global Corporate & Specialty (AGCS) announced that Thomas Kang is joining the insurer as head of Cyber in North America. Kang, an attorney, joins AGCS from Willis Towers Watson, where he served as Global Cyber...
May 28 2020 // Two of Europe’s largest insurers are gearing up to sell billions of euros in life assets — a niche corner of dealmaking keeping bankers busy amid the coronavirus pandemic.Allianz SE is planning to divest as...
May 20 2020 // Dr. Catharina Richter will be appointed global head of Cyber Center of Competence for Allianz Group, effective June 1, 2020.The Cyber Center of Competence (CoC) coordinates and steers cyber risk underwriting and governance...
May 12 2020 // German insurer Allianz said on Tuesday that a key measure of capital may fall below the company’s target floor level as it faces claims for disruption caused by the coronavirus crisis.Allianz, which earlier reported...
May 6 2020 // Two law firms said on Tuesday they were gathering companies in Britain for a potential group lawsuit against German insurer Allianz for rejecting business interruption claims during the coronavirus pandemic.Edwin Coe and...
May 1 2020 // Allianz SE withdrew its forecast for the year as Europe’s biggest insurer struggles with the fallout from the Covid-19 pandemic.Given the economic uncertainty, the board “does not assume that Allianz can...
Apr 17 2020 // Allianz SE Chief Executive Officer Oliver Baete warned the coronavirus has upended insurers’ business models and will cause “massive” losses across the industry.The virus has forced closures across the...
Apr 7 2020 // Many companies are having to shutdown their premises temporarily at short notice due to the Covid-19 pandemic. According to the risk consultants of Allianz Global Corporate & Specialty (AGCS), improper action or...
Apr 6 2020 // Purchasers of travel insurance are finding their policies all but worthless as the global pandemic forces them to change their plans, or worse, leaves them sick at sea.Most travel insurance companies won’t provide...
Apr 2 2020 // Ali Shahkarami (46) has been appointed as chief data officer for Allianz Global Corporate & Specialty (AGCS). In this newly created position, he will be responsible for the development and the delivery of AGCS data...
Mar 30 2020 // Allianz Australia announced the appointment of Tara Laybutt as Allianz Australia’s chief risk officer, effective May 11, 2020.Laybutt has extensive experience in guiding the risk functions of large, financial...
Mar 4 2020 // Don’t look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from the deadly Covid-19 virus that’s sweeping across the globe.The world’s...
Feb 26 2020 // Markets are overreacting to the threat of the rapidly spreading coronavirus and the global economy will only see a short-term impact, said the head of Allianz SE, Europe’s biggest insurer.Chief Executive Officer...