All the headlines from our Allianz Topic Page, ordered by recency.
Nov 15 2019 // Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance unit of Allianz Group, has appointed Shanil Williams as global head of Financial Lines, effective Nov. 15, 2019.He succeeds Bernard Poncin, who...
Nov 14 2019 // Allianz SE and Microsoft Corp. announced a strategic partnership focused on digitally transforming the insurance industry, making the insurance process easier while creating a better experience for insurance companies and...
Nov 8 2019 // Allianz Partners, a Henrico, Va.-based insurance company, has hired Jeff Wright as chief financial officer and Jim O’Connor as head of Operations.Wright succeeds Diane Babson, who took an assignment with another...
Nov 7 2019 // Seventeen insurers have restricted insurance services to coal projects in the past two years.A dozen insurers have adopted policies to stop all direct insurance coverage to new coal projects – among them are Allianz,...
Nov 6 2019 // German insurer Allianz SE has paid about $1 billion for part of Goldman Sachs Inc.’s stake in closely held Chinese insurer Taikang Life Insurance Co., according to people with knowledge of the matter.Goldman sold a...
Oct 17 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has filled three key leadership positions in Madrid, naming Diego Espinosa as head of Property, Juan Madrid as head of Casualty, and Tomás Blas as head of...
Oct 10 2019 // When David Schaecter was a child in Slovakia in the 1930s, he counted more than 100 people in his extended family. By the end of World War II, he alone survived. The rest had been killed in Nazi concentration camps or by...
Oct 9 2019 // Andreas Utermann has long brushed off the risk of a hard Brexit, arguing even a managed separation would be a nightmare for the U.K. Now that scenario is shaping up as the biggest worry for the money managers at Allianz...
Oct 1 2019 // German insurer Allianz has emerged as the frontrunner to invest in the bancassurance business of Spanish lender BBVA, two sources close to the deal told Reuters, after Italian rival Generali pulled out of the race.The deal...
Oct 1 2019 // Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Allianz Group, has appointed Hyeji Kang as global head of Reinsurance and Catastrophe Risk Management, effective Oct. 1, 2019.She will...
Sep 24 2019 // German insurer Allianz, Nippon Life and MS&AD Insurance are vying with rivals to buy the Singapore and Vietnam businesses of Britain’s Aviva in a deal likely to be worth up to $2.5 billion, sources...
Sep 13 2019 // Allianz Global Corporate & Specialty has appointed Parag Bavishi as deputy regional head of the Americas with its Alternative Risk Transfer (ART) division.In this role, Bavishi will lead ART’s structured...
Aug 23 2019 // Allianz has agreed to acquire automobile and other property/casualty insurance operations from Brazil’s SulAmérica for BRL 3 billion (667 million euros).Allianz said the acquisition will strengthen its competitive...
Aug 13 2019 // Allianz Global Corporate & Specialty SE (AGCS) has named Ben Mitchell to the newly created role of regional head of Multinational Americas. He is based in Chicago. Mitchell has served as head of the Global Clients...
Jul 23 2019 // Allianz Global Corporate & Specialty has promoted Kelly Castriotta to regional head of Product Development for Financial Lines in North America. Castriotta, an attorney, joined the AGCS Financial Lines team in 2018 and...
Jun 25 2019 // Banco Santander SA agreed to pay 937 million euros ($1.1 billion) to buy Allianz SE out of an insurance joint venture in Spain, more than halving the value of the German insurer’s assets under management in the...
Jun 14 2019 // Allianz Global Corporate & Specialty SE (AGCS) is rearranging roles in the management team of its Specialty business segment. Effective July 1, 2019, Ulrich Kadow will be appointed as AGCS global head of Marine....
May 31 2019 // Allianz SE agreed to buy two insurance businesses in the U.K. in deals valued at a combined $1 billion, transforming the firm into the second-biggest general insurer in the country.The Munich-headquartered company agreed...
May 23 2019 // Wealthsimple, the Canadian robo adviser company controlled by Power Financial Corp., is gaining another behemoth shareholder as it slowly gears up for an initial public offering.Allianz X, the tech investment fund of...
May 14 2019 // German insurer Allianz SE on Tuesday posted a small rise in net profit in the first quarter from a year earlier, marginally ahead of expectations, and confirmed its targets for 2019.Results were helped by lower claims from...