Latest Allianz Headlines

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

Allianz Group’s AGCS Names Fellows Head of Market Management Canada

Nov 11 2015 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced that Robert J. Fellows has been named head of market management for Canada, effective January 4, 2016. Based in...

U.K.’s Allianz Insurance Appoints Watts as Head of Casualty Claims

Nov 9 2015 // Allianz Insurance, the U.K. subsidiary of Allianz SE, has appointed Lee Watts as head of casualty claims.Watts will be responsible for leading the development and implementation of technical claims strategy and best...

Allianz’ Q3 Profit Down 15% as Earnings Decline at P&C, Asset Management Units

Nov 6 2015 // Allianz SE, Europe’s biggest insurer, said third-quarter profit dropped 15 percent as earnings at its property and casualty and asset management units declined.Net income fell to 1.36 billion euros ($1.48 billion)...

Allianz Launches Subsidiary in Kenya

Oct 26 2015 // Allianz has taken a further step in its growth strategy in Africa by launching operations in Kenya.In addition to Kenya, Allianz Africa operates in 11 other countries: Benin, Burkina Faso, Cameroon, Central Africa, Ivory...

Run-Off Specialty Firm Catalina Agrees to Buy Allianz Suisse Re from Allianz SE

Oct 8 2015 // Catalina Holdings (Bermuda) Ltd. announced its wholly owned Swiss subsidiary, Glacier Reinsurance AG, has signed a definitive agreement to acquire Allianz Suisse Ruckversicherungs-Gesellschaft AG from Allianz SE.Allianz...

QBE Names Allianz’s Grote SVP, P/C Commercial Lines

Oct 5 2015 // QBE North America has welcomed a veteran industry executive to its leadership team.Walter Grote has joined QBE North America as senior vice president, commercial property/casualty, and will be based in the Chicago office....

Booth Joins DUAL as Non-Exec Chairman & Named Hyperion’s Non-Exec Director

Oct 2 2015 // Hyperion, the world’s largest employee-owned insurance group, announced today that Clem Booth will join DUAL, its underwriting arm, as non-executive chairman of the board. He will also become a non-executive director...

Allianz Teams with Volkswagen, Bayer and BASF in Anti-Hacking Venture

Sep 18 2015 // The German car giant that gave the world the Beetle may soon help you fend off cyber criminals.Volkswagen AG teamed with insurer Allianz SE, medical company Bayer AG and chemicals producer BASF SE to sell...

Allianz Names Shumaker Team Leader in California

Sep 2 2015 // Allianz Global Corporate & Specialty has named Matthew Shumaker to a team leader position for the Los Angeles, Calif. and Mountain states territory. Shumaker will be based out of the Irvine, Calif. field office. He...

Allianz Invests in London’s $6.4 Billion ‘Super Sewer’, Thames Tideway Tunnel

Aug 28 2015 // A consortium, consisting of pension funds and other long-term investors represented by Allianz, Amber Infrastructure Group, Dalmore Capital and DIF, will invest up to £1.275 billion ($1.9 billion) in London’s...

UPDATE: Allianz 2nd Quarter Profit Rises 15% on Fewer Nat Cat Claims

Aug 7 2015 // Allianz SE, Europe’s biggest insurer, said second-quarter profit rose 15 percent as lower claims from natural catastrophes offset a drop in earnings at Pacific Investment Management Co.Net income increased to 2.02...

UK’s Allianz Insurance Partners with Pentura to Provide Cyber Risk Services

Jul 31 2015 // Allianz Insurance has joined forces with cyber risk management company, Pentura, to provide commercial customers with help and guidance to improve cyber security.As part of the partnership, Pentura, which is based in...

India’s Product Recalls Bring New Business for Insurers Such as AIG, Allianz

Jul 23 2015 // As Nestle SA slugs it out with India’s food regulator over the amount of lead in its popular Maggi instant noodles, the dispute is whipping up business for insurers.The local unit of American International Group Inc....

Allianz: Hedge Funds Are Opportunity for Insurance Industry, Not Threat

Jul 16 2015 // Chris Fischer Hirs, the head of Allianz SE’s specialty insurance business, said he welcomes the growing participation of Wall Street in the insurance industry as an opportunity, not a threat.“Hedge funds bring...

Allianz Global Corporate & Specialty Appoints McNulty as Head of Claims in Canada

Jul 9 2015 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced that Bernard McNulty has been named the head of claims Canada, effective immediately.Based in Toronto, he will...

Allianz to Boost Clean-Energy Investments; Eyes U.S. Wind Market

Jun 18 2015 // Allianz SE is boosting its investments in clean-energy in the coming years and is looking to enter the U.S. wind market. The insurer’s Allianz Deutschland unit will raise its annual investment into renewables, mainly...

UK’s Allianz Commercial Promotes Higham to Property Account Manager

Jun 15 2015 // Allianz Commercial has announced the promotion of Paul Higham to the position of property account manager.Higham’s appointment is the third appointment made in the newly aligned property and casualty team, said the...

Allianz to Shrink German Branch Network; Hit by Low Interest Rates

Jun 10 2015 // Allianz SE, Europe’s biggest insurer, said it will shrink its administrative branch network in Germany as low interest rates and regulatory demands hurt industry profitability.About 360 jobs, or about 1 percent of...

Allianz Engineering in UK Appoints Kelly as Senior Technical Manager

Jun 8 2015 // UK-based Allianz Engineering has appointed Steve Kelly as senior technical manager.In his new role, Kelly will be responsible for delivering profitable growth by overseeing the development of Allianz’s engineering...

UK’s Allianz Insurance Aims to Improve Fleet Safety With Telematics Partnership

Jun 5 2015 // Allianz Commercial has joined forces with fleet incident management provider FMG, to provide commercial fleet and motor trade customers with the capability to improve driver safety and fleet efficiency.Allianz Commercial...