Latest Allianz Headlines

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

Allianz Sells Private Bank OLB to Private Equity Firm Apollo for $336M

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...

Allianz Sets Its Sights on Asia-Pacific’s ‘Growth Engine’

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...

Rocket Ship, Flying Vehicle or Driverless Car? Guess Which Americans Fear Most

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...

U.S. P/C Insurance Industry Keeps Quiet on Trump Exit from Paris Climate Accord

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...

Allianz Eyes Buying Remaining Stake in France’s Euler Hermes: Sources

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...

U.S. P/C Insurance Industry Mostly Silent on Trump Exit from Paris Climate Accord

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...

Willis Programs Taps Allianz as Carrier for Agribusiness Programs

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,...

Cyber Insurance Market Growing More Slowly Than Expected: Allianz

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...

Allianz Global Corporate & Specialty Appoints Cyber, Engineering Heads

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)...

Allianz Names Thomas West Zone Programs Team Leader

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...

Allianz Q1 Profit Boosted by Strongest PIMCO Inflows in 4 Years

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...

Allianz Global Corporate & Specialty Partners with Insurtech Firm to ID Liability Risks

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...

High-Profile Cyber Attacks Drive Growth of Cyber Crime Insurance

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...

Allianz Q1 Net Income Down 15.3% to $2B – in Line with 2017 Profit Goal

May 3 2017 // German insurer Allianz is optimistic about its prospects despite a very tough business environment, the German insurer said on Wednesday as it posted a slightly better than expected first-quarter profit.“We are...

How Future Tech Could Change Risk and Loss: Allianz Report

May 1 2017 // Technology is expected to be a major driver of liability claims in the years ahead – cutting frequency and increasing new threats such as cyber, product liability and recall risk, according to a report published by...

Allianz Sponsorship of Florida Golf Event Ends Amid Holocaust Survivor Protests

Apr 26 2017 // Holocaust survivors on Monday celebrated the end of German insurance giant Allianz’s sponsorship of a Florida pro golf tournament, saying it may boost efforts to collect some $2.5 billion in World War II-era policies...

Large Claims Becoming More Expensive, Complex & Global: Allianz

Apr 25 2017 // Large liability claims are becoming more expensive, complex and international, with activity increasing outside the United States, according a report published by Allianz Global Corporate & Specialty...

China & India Lead U.S. in Renewable Energy Targets: Allianz

Apr 24 2017 // Renewable power investments will need to rapidly grow in the coming two decades to be in line with the Paris Agreement climate goals, according to the Allianz Climate & Energy Monitor Deep Dive, which aims to inform...

Future Tech to Create Lower Claims Frequency, New Threats: Allianz Report

Apr 20 2017 // Technology is expected to be a major driver of liability claims in the years ahead – cutting frequency and increasing new threats such as cyber, product liability and recall risk, according a report published by Allianz...

Allianz Expands North American Crisis Management Team

Apr 19 2017 // Specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced several personnel appointments to its North American Crisis Management Team.Alex Pittignano has been named executive underwriter, and...