Latest Allianz Headlines

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

Allianz Reports 22% Drop in Q4 Profit but Still Plans Dividend Hike

Feb 16 2018 // A record year for natural-disaster insurance claims worldwide and a decline in fourth quarter profit wasn’t enough to stop Allianz SE from raising its dividend.Europe’s biggest insurer will increase the...

Siemens Joins 8 Industry Partners (Including Allianz) to Counter Cyber Attacks

Feb 16 2018 // Siemens AG is joining with companies including Airbus SE and IBM to try to counter large-scale hacking attacks that threaten to cost $8 trillion in damage over the next five years.The group signed a charter Friday at a...

Allianz Raises Stake in Credit Insurer Euler Hermes to 92.43%

Feb 14 2018 // Allianz Group has successfully increased its stake in the leading credit insurer Euler Hermes to 92.43 percent.In November, Allianz first announced it intended to increase its 63 percent shareholding in Euler Hermes by...

XL Group Attracts Interest from Allianz, Other Rivals as Potential Buyers

Feb 7 2018 // Bermuda-based insurer XL Group Ltd. is attracting interest from rivals including Allianz SE of Germany, according to people with knowledge of the matter.Interest from insurers in potentially acquiring XL, which had a...

Allianz, Aon Offer Cyber Insurance Discounts for Apple, Cisco Customers

Feb 5 2018 // Apple Inc. and Cisco Systems Inc. have teamed up with insurer Allianz SE to offer discounts on cyber insurance to businesses that primarily use equipment from both technology companies, they said on Monday.The arrangement,...

Cyber Risk Ranks as Most Feared BI Trigger for Global Firms: Allianz

Feb 5 2018 // Business interruption (BI) and cyber incidents interlink as the major threat facing companies, according to a report published by Allianz Global Corporate & Specialty (AGCS).Allianz revealed that BI — including...

Allianz to Acquire Sri Lanka’s Janashakthi General Insurance for €85.9M

Feb 2 2018 // Allianz announced it has entered into an agreement with Janashakthi Insurance PLC (JINS) to acquire 100 of its subsidiary Janashakthi General Insurance Ltd. (JGIL) for LKR 16.4 billion (€85.9 million, or approximately...

Allianz Acquires Liberty International’s U.S. Product Recall Business Renewals

Jan 31 2018 // Allianz Global Corporate & Specialty (AGCS) is acquiring the renewal portfolio of Liberty Mutual Insurance’s U.S. product recall and special contingency business. The effective date is Jan.30, 2018.The business...

Cyber Incidents Most Feared BI Trigger for Global Companies: Allianz Risk Report

Jan 17 2018 // Business interruption and cyber incidents interlink as the major threat facing companies over the coming year, according to a report published by Allianz Global Corporate & Specialty (AGCS).Allianz revealed that...

AGCS Names Vissing to Succeed Henson as Head of Claims, Regional Unit London

Jan 16 2018 // Allianz Global Corporate & Specialty (AGCS), Allianz Group’s specialist corporate insurer, has appointed Lars Vissing as Regional Unit London (RUL), head of Claims, starting in February 2018.Vissing succeeds...

Allianz Suisse to Buy DAS Switzerland from Munich Re’s ERGO

Jan 10 2018 // Allianz Group has agreed to acquire the legal protection insurer DAS Switzerland and the assets of DAS Luxembourg and Slovakia from German insurance group ERGO Group AG, the Munich Re subsidiary.The acquisition will...

Allianz’ Property Unit Plans to Double Asian Investments in Next 3 Years

Jan 4 2018 // Allianz SE’s property unit plans to double investments in Asia over three years as the German firm is drawing in more money from its insurance operations in the region.Property investments may swell to 3.75 billion...

Entering 2018, Americans More Focused on Financial Health Than Physical Wellness: Allianz Survey

Dec 29 2017 // Looking ahead to the new year, more than a third of Americans (36 percent) believe another major recession may be in the cards for 2018, according to the 9th annual New Year’s Resolution Survey from Allianz Life...

Allianz Buys 49% Stake in General Insurance Businesses of UK’s LV=

Dec 29 2017 // Allianz Group announced it has acquired a 49 percent stake in Liverpool Victoria Friendly Society’s UK general insurance businesses, the first stage in the creation of the companies’ joint venture and strategic...

Allianz Invests $96.6M in Digital Microinsurer BIMA

Dec 21 2017 // Allianz X, the digital investment unit of the Allianz Group, announced a $96.6 million investment in BIMA, the digital microinsurer.Stockholm-based BIMA uses mobile technology to serve low-income customers in Africa, Asia...

Allianz Global Corporate & Specialty Promotes Haagen and Soja

Dec 14 2017 // Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), has announced that effective December 31, Henning Haagen will take over as North American regional head of specialty...

Allianz Specialty for North America Promotes Haagen, Soja as Barnwell Retires

Dec 14 2017 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced that effective December 31, Henning Haagen will take over as North American regional head of Specialty Lines, and...

China’s Tallest Building Attracts Industry Tenants Including Lloyd’s & Allianz

Dec 12 2017 // After more than two years of red tape that kept tenants from moving in, China’s tallest skyscraper, the Shanghai Tower, has been quietly opening and filling office space.More than 60 companies now occupy office space...

Schiavone Takes Over Allianz Global Specialty’s Alternative Risk Team; Coppola to Head Financial Lines

Nov 20 2017 // Paul Schiavone has been appointed as global head of Allianz Global Corporate & Specialty’s Alternative Risk Transfer (ART) business, taking over from Bill Guffey who is leaving Allianz for other opportunities...

Allianz Cuts 2017 Profit Projection After Q3 Natural Catastrophe Claims

Nov 13 2017 // Allianz has slightly downgraded its profit outlook for the full year after increased claims from natural disasters in North America, the German insurance giant’s finance chief said.Hurricanes Harvey, Irma and Maria,...