Latest Allianz Headlines

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

Former Allianz Employee Pleads Guilty to Fraud Over $7-Billion Funds Collapse

Jun 10 2024 // A former Allianz fund manager pleaded guilty on Friday over his role in a meltdown of private investment funds sparked by the pandemic that caused an estimated $7 billion of investor losses.Gregoire Tournant, 57, of...

People Moves: Specialist Aviation MGA Itasca Names John as CEO, Succeeding Zolotusky; DUAL Group Appoints Allianz’s Sayce as Group Head of Emerging Products

May 29 2024 // This edition of International People Moves details appointments at aviation specialist Itasca MGA Ltd. and DUAL Group, Howden’s MGA subsidiary.A summary of these new hires follows here. Specialist Aviation MGA Itasca...

Allianz Is Lead Insurer for Singapore Airlines Incident: Sources

May 24 2024 // Allianz is the lead insurer for the Singapore Airlines aircraft which left one person dead and scores injured after it hit severe turbulence and had to be diverted to Bangkok this week, two sources said on Thursday.The...

Markets/Coverages: Rokstone, Allianz Commercial Partner for $10M Marine Cargo Facility

May 21 2024 // Allianz Commercial and Rokstone, the Aventum Group’s international re/insurance MGA, announced a collaboration for a US$10 million facility to write marine cargo business worldwide with immediate effect.This broadens...

Aspen and Allianz’s PIMCO Launch Casualty-Focused Reinsurance Vehicle

Apr 17 2024 // Aspen Insurance Holdings Ltd. and PIMCO Investment Management Co. announced the formation of Pando Re Ltd., a Bermuda-domiciled collateralized re/insurer focused on casualty business.Under a long-term agreement, Aspen will...

Arch Insurance to Buy Allianz’s U.S. MidCorp & Entertainment Insurance Businesses

Apr 5 2024 // Arch Insurance North America, part of Bermuda’s Arch Capital Group Ltd., announced it has entered into an agreement to acquire Allianz Global Corporate & Specialty’s US MidCorp and Entertainment businesses...

People Moves: AXIS Names Lord as Global CIO, Barriero as Head of Strategic Sourcing, Corporate Real Estate; Xenia Taps Stennett From Allianz Trade as CEO

Feb 28 2024 // This edition of International People Moves details appointments at AXIS Capital Holdings and Xenia Broking Group.A summary of these new hires follows here. AXIS Names Lord as Global CIO, Barriero as Head of Strategic...

UK Has More ‘Fragile Firms’ Than EU Peers: Allianz Report

Feb 28 2024 // The UK has the highest proportion of “fragile firms” out of all major European economies, another sign of the headwinds facing Prime Minister Rishi Sunak as he attempts to boost growth.About 15% of small and...

People Moves: QBE Promotes Shallow to Executive Director for International Markets; DUAL UK Taps Allianz’s Dixon as CUO, AXA’s Corner as Chief Distribution Officer

Feb 26 2024 // This edition of International People Moves details appointments at QBE’s International Markets division and Howden’s DUAL.A summary of these new hires follows here. QBE Names Shallow to Executive Director for...

Allianz Grows Wealth Bet With Stake in $68 Billion Money Manager AlTi

Feb 23 2024 // Allianz SE is making a strategic investment in money manager AlTi Global Inc. in an expansion of the insurance giant’s global holdings in wealth management.The German insurer’s venture arm, together with...

Allianz Shares Drop on Weak Results in P/C Insurance

Feb 23 2024 // Allianz SE shares fell as the German insurance giant reported earnings in its property-casualty business that missed expectations.Fourth-quarter operating profit in the segment came in at €1.6 billion ($1.7 billion),...

Cyber Threats Top Global Business Risk Concern for 2024: Allianz

Feb 5 2024 // Cyber-related incidents such as ransomware attacks, data breaches and IT disruptions are the biggest worry for companies globally in 2024, according to the Allianz Risk Barometer.Business interruption ranked second, while...

Former Allianz Execs Raise Funds for Carbon Credit-Backed Insurance

Jan 29 2024 // An insurance start-up founded by three former Allianz executives that aims to guarantee companies buying carbon credits get the permits they’ve paid for has closed the biggest European climate-focused seed funding...

Cyber Threats Top Global Business Risk Concern for 2024: Allianz

Jan 17 2024 // Cyber-related incidents such as ransomware attacks, data breaches and IT disruptions are the biggest worry for companies globally in 2024, according to the Allianz Risk Barometer.Business interruption ranked second, while...

Rokstone to Grow N.A. Marine Portfolio With $25M Allianz-Backed Partnership

Jan 8 2024 // Specialty MGA Rokstone of the Aventum Group announced a significant enhancement to its North American marine operations. Allianz Commercial has committed a $25 million facility to Rokstone.This latest deal will provide...

Allianz Seeks to Buy Back Europe’s Biggest Old-School Bond

Jan 4 2024 // Insurance giant Allianz SE is looking to replace the biggest bond remaining under Europe’s old regulatory regime as it taps the market for new issues early on this year.The Munich-based insurer priced a new €1...

Allianz Sponsors Catastrophe Bond for European Windstorm Risks

Dec 20 2023 // Allianz has sponsored a new catastrophe bond which will provide the group with multi-year risk transfer capacity of €250 million to protect itself against European windstorms.Allianz entered into a three-year reinsurance...

Allianz D&O Outlook: ESG Claims ‘Here to Stay’ and AI Rapping at the Door

Dec 14 2023 // While everyone may be talking about potential risks associated with generative artificial intelligence, a new directors & officers report from Allianz highlights a range of current concerns associated with...

People Moves: Marsh Announces Group of Promotions in UK, Global Placement Team; Klingspor Succeeds Papanikolaou as CEO, Allianz Central Europe

Dec 13 2023 // This edition of International People Moves details appointments at Marsh and Allianz Central Europe.A summary of these new hires follows here. Marsh Announces Group of Promotions in UK, Global Placement TeamMarsh, the...

People Moves: Papanikolaou to Succeed Mueller as AGCS CEO and Will Lead Allianz Commercial; May Promoted to CEO of Lloyd’s Europe as Breitburd Steps Down

Dec 11 2023 // This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS) and Lloyd’s Europe.A summary of these new hires follows here. Papanikolaou to Succeed Mueller as...