All the headlines from our Allianz Topic Page, ordered by recency.
Jun 30 2016 // Allianz Real Estate is set to make its biggest Asian investment to date, in a first step toward adding as much 3 billion euros ($3.3 billion) of real estate in the region within three years.The $150 million pan-Asian fund...
Jun 24 2016 // Allianz Global Corporate & Specialty has named Karen Walter team lead for the West zone farm and ranch division. Walter will report through to both Craig Cendak, West zone mid corporation leader, and Atul Kulkarni,...
Jun 24 2016 // The UK joined the European Union in January 1973, and yesterday, the UK public voted to leave. After 43 years of marriage, the divorce proceedings will soon begin.No one knows how long it will take for the UK to untangle...
Jun 17 2016 // Pacific Investment Management Co. cut its workforce by 68 people, or about 3 percent, and is offering buyouts as assets under management have fallen in recent years, according to a memo obtained by Bloomberg.“Like...
Jun 17 2016 // Allianz Group plans to pay more than $275 million for Zurich Insurance’s Moroccan subsidiary.The deal for Zurich Assurances Maroc is expected to close at the end of 2016, pending regulatory approvals. Zurich’s...
Jun 15 2016 // German insurer Allianz expects the technology underpinning virtual currency bitcoin to encourage trading in catastrophe bonds, which transfer the risk of natural disasters such as hurricanes to investors.“Cat...
Jun 14 2016 // Compre, the independent insurance and reinsurance legacy specialist, has agreed to acquire Allianz IARD’s Ridgwell Fox & Partners (RFP) pool legacy reinsurance business for an undisclosed sum.RFP is a reinsurance...
Jun 9 2016 // Allianz Insurance plc, the U.K. subsidiary of Allianz SE, has partnered with global cyber security consultancy, IT Governance Ltd., to offer commercial customers a free online cyber risk assessment.The Allianz Cyber Risk...
Jun 7 2016 // Allianz Global Corporate & Specialty (AGCS) has expanded its North American cyber insurance team with three industry professionals: Laura Burke, Daniel J. DeLoof and Lester Shearn.Emy R. Donavan was also promoted to...
May 23 2016 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has expanded its Entertainment division with the appointment of four key hires, based in New York City.Allianz Group said...
May 11 2016 // Allianz Asset Management reported a 17 percent decline in first-quarter earnings as investors continued to withdraw money from its Pacific Investment Management Co. unit 19 months after the ouster of Chief Investment...
May 3 2016 // Allianz SE said first-quarter profit surged 21 percent, beating analysts’ estimates, as Europe’s biggest insurer was helped by gains from selling investments. The shares rose.Net income climbed to 2.2 billion...
Apr 28 2016 // Drivy, a French startup that lets people hire out their cars in much the same way Airbnb runs a market for houses, said Thursday it raised 31 million euros ($35 million) to fund its continued expansion across...
Apr 8 2016 // AXA announced the appointment of Alexander Vollert as chief executive officer of AXA Germany. In addition, he will be appointed to AXA Group’s executive committee.This appointment will be effective as of Sept. 16,...
Apr 8 2016 // Allianz Commercial* announced it has increased its capacity for excess of loss cover, which will now allow brokers to purchase excess liability cover up to £50 million ($70.5 million) per individual class of business.The...
Apr 7 2016 // The rush is on to replace people with software in Europe’s insurance industry as cost cutting and automation become increasingly crucial to bolstering earnings.Zurich Insurance Group AG is accelerating its cost...
Apr 6 2016 // Anbang Insurance Group Co., which walked away from a bid to acquire Starwood Hotels & Resorts Worldwide Inc. last week, has agreed to buy Allianz SE’s operations in South Korea.The Chinese insurer will purchase...
Mar 22 2016 // The shipping industry saw its safest year in a decade in 2015, according to a new report from Allianz Global Corporate & Specialty (AGCS), with 85 total losses reported worldwide last year, down from 88 in 2014 and...
Mar 15 2016 // Bond manager Bill Gross will be able to pursue his lawsuit to recoup at least $200 million he claims that Pacific Investment Management Co. owes him in the wake of his 2014 ouster from the firm he co-founded.California...
Mar 9 2016 // German insurer Allianz plans to sue Volkswagen over the sharp drop in its shares as a result of the carmaker’s diesel emissions scandal, a source familiar with the situation told Reuters.If successful, the lawsuit...