All the headlines from our Allianz Topic Page, ordered by recency.
Aug 4 2017 // Allianz SE three years ago bet the future of its then $2 trillion bond firm on Dan Ivascyn, a little-known money manager at the time who had been picked to succeed Pacific Investment Management Co. founder Bill Gross.It...
Aug 3 2017 // A climate activist group is calling out a handful of European insurers for having significant holdings in fossil fuels despite pledges by the companies to be more climate friendly.A report released today alleges that...
Jul 27 2017 // Allianz Global Corporate & Specialty (AGCS) has partnered with insurtech startup Flock to launch on-demand drone insurance in the UK market through a mobile app for commercial and recreational users.To be available in...
Jul 27 2017 // As Allianz SE Chief Executive Officer Oliver Baete slims down the insurer to cut costs, rising second-quarter profit helped by lower natural disaster claims rewarded his strategy.Operating profit jumped 23 percent to 2.9...
Jul 20 2017 // Allianz Global Corporate & Specialty (AGCS)* has appointed Paul Smith as head of Engineering, Regional Unit London (RUL).He reports regionally to Carsten Scheffel, AGCS board member and chief regions & markets...
Jul 19 2017 // Allianz Global Corporate & Specialty (AGCS) announced it has formed a partnership agreement with insurtech company, Visicover.Visicover’s existing and new aeroplane and helicopter insurance products now will be...
Jun 29 2017 // Allianz Global Corporate & Specialty (AGCS), Allianz Group’s unit for corporate & specialty insurance business, has opened a branch office in South Korea to serve global corporate clients.AGCS said it has...
Jun 26 2017 // German insurer Allianz said it had agreed to sell its 90 percent stake in private bank Oldenburgische Landesbank (OLB) to U.S. private equity firm Apollo for 300 million euros ($336 million).Apollo, which is consolidating...
Jun 21 2017 // Allianz SE, the German insurer that stemmed outflows at U.S. asset manager PIMCO, is now trying to bulk up on the other side of the world.“Asia is still a relatively small part of the overall global portfolio but it...
Jun 20 2017 // If the future were now, American travelers would feel safer on a rocket to space than being a passenger in a self-driving or autonomous vehicle, a survey by travel and specialty insurer Allianz Global Assistance USA...
Jun 19 2017 // The U.S. property/casualty insurance industry, which has been facing rising claims bills for extreme weather events, mostly reacted with silence to President Donald Trump’s decision to withdraw the country from the...
Jun 8 2017 // Allianz SE is exploring a plan to take Euler Hermes Group private, buying the shares it doesn’t already own in the French trade-credit insurer, according to people familiar with the matter. Euler Hermes stock gained...
Jun 6 2017 // The U.S. property/casualty insurance industry, which has been facing rising claims bills for extreme weather events, mostly reacted with silence to President Donald Trump’s decision to withdraw the country from the...
May 31 2017 // Willis Programs has partnered with Allianz Global Corporate & Specialty (AGCS) on coverage for its DairyProtector and FeedLotGuard programs.Allianz, a property casualty insurance carrier in the agribusiness industry,...
May 26 2017 // The tiny market for cyber insurance has been slower to develop than generally anticipated, a member of Allianz’s board said in an interview.The European market for cyber insurance currently has a premium volume of...
May 15 2017 // Allianz Global Corporate & Specialty (AGCS) announced personnel appointments within the Cyber and Engineering lines of business.Jenny Soubra has been appointed head of Cyber and Specialty Professional Indemnity (CPI)...
May 12 2017 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty has promoted Tobel Thomas to West zone programs team leader. Thomas will be based in San Francisco and will be responsible for...
May 12 2017 // Pacific Investment Management Co., the bond manager owned by German insurer Allianz SE, saw its biggest third-party inflows in four years in the first quarter as clients flocked to Chief Investment Officer Dan...
May 11 2017 // Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance unit of Allianz SE, is working with Praedicat, the Los Angeles-based insurtech analytics firm, to better predict key catastrophe liability...
May 10 2017 // For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping into the brave new world of cyber crime insurance, it’s free...