All the headlines from our Allianz Topic Page, ordered by recency.
Sep 17 2018 // An Australian unit of German insurer Allianz SE sold travel insurance that misleadingly promised unlimited emergency medical cover wherever people were even though the policies had limits on both cost and location, a...
Sep 13 2018 // A handful of consumer and climate groups are calling on the insurance industry to ditch fossil fuels as part of a new campaign called Insure Our Future.The entreaty came on the eve of this week’s Global Climate...
Sep 12 2018 // The trade battles being pursued by U.S. President Donald Trump’s administration are likely to lead to fairer but still free global trade, said Mohamed El-Erian, chief economic advisor at the Allianz Group,...
Aug 31 2018 // Allianz announced that it has named Bart Schlatmann as CEO of its European direct business, effective Sept. 1.Schlatmann joins Allianz from Russia’s Sberbank, where he served as chief transformation officer,...
Aug 23 2018 // Long gone are the days when employees printed their resumes and cover letters on fancy paper, worried about choosing the proper font, and put both documents in the mail.The idea of employers printing paper job...
Aug 16 2018 // Allianz Global Corporate & Specialty (AGCS) has hired Scott Setzer as an executive underwriter for Aviation, and Adam Johnson as an Aviation underwriter. Setzer will be based in Alpharetta, Georgia and Johnson in...
Aug 3 2018 // Allianz SE said strong growth across its businesses lifted second-quarter profit as Europe’s largest insurer keeps the market waiting on any acquisitions it will undertake.The gains help keep Allianz on track to meet...
Jul 6 2018 // Recent volatility in financial markets will curb inflows this year into Allianz’ asset management business, which includes U.S. bond giant PIMCO, a board member told Reuters.In 2017, Allianz reeled in 150 billion...
Jul 3 2018 // Allianz SE plans to buy back as much as 1 billion euros ($1.16 billion) of its shares amid an abundance of capital and returns crimped by low interest rates.Europe’s biggest insurer will buy back as much as 41.5...
Jul 2 2018 // Those interested in risk management are starting to take climate change a bit more seriously.The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
Jun 21 2018 // Those interested in risk management are starting to take climate change a bit more seriously.The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
Jun 21 2018 // With ambitions to challenge insurance giants like Allianz SE, newcomer Deutsche Familienversicherung AG [DFV] needs 100 million euros ($116 million) in fresh funds to finance its expansion plan. An initial public offering...
Jun 19 2018 // The CEO of Europe’s biggest insurer is up for a big deal. He just doesn’t want Allianz SE to pay for it. Oliver Baete is going to find it hard to have his cake and eat it.Three years into the job, and things...
Jun 12 2018 // A $94 billion financial behemoth is keeping the market on tenterhooks about its next move.Europe’s largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential acquisition targets as...
Jun 8 2018 // Allianz Group and UniCredit have signed a long-term bancassurance cooperation agreement in the Central and Eastern Europe (CEE) region.With this agreement, which will gradually start in the second half of 2018, UniCredit...
May 30 2018 // Allianz Group has agreed to acquire eight percent in African reinsurer Africa Re. The total cash consideration payable at closing would amount to USD$ 81 million (or Euro 69 million).Africa Re has been operating for 42...
May 24 2018 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has expanded its Project Cargo offering through a direct partnership with its Engineering division.The new collaborative...
May 10 2018 // The Allianz Group “is significantly expanding its climate strategy.”The German insurance giant recently announced a commitment to support the change to a low-carbon economy over the coming decades, and is...
May 7 2018 // Allianz Group said it has agreed to sell shares representing 8.4 percent of the share capital of Banco BPI to CaixaBank.The total purchase price for this transaction is 178 million euros or 1.45 euros per Banco BPI share....
Apr 27 2018 // Allianz Global Corporate & Specialty (AGCS) has partnered with Israel-based drone safety systems company ParaZero to offer its drone-safety products to insureds and help them manage risks involved with the operation of...