All the headlines from our Allianz Topic Page, ordered by recency.
May 13 2015 // Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), has appointed Ulrich Kadow as chief agent for Canada effective immediately. Based in Toronto, Kadow will lead...
May 12 2015 // Allianz SE, Europe’s biggest insurer, said first-quarter profit from asset management slid on outflows from Pacific Investment Management Co.Operating profit at the business, which consists of Newport Beach,...
May 6 2015 // Allianz SE, Europe’s biggest insurer, said first-quarter profit climbed 11 percent, even as investors withdrew funds from its asset manager Pacific Investment Management Co. The shares surged the most in six...
May 6 2015 // Allianz shareholders will see new CEO Oliver Baete installed on Wednesday and will be eager for any clues about his strategy for Europe’s largest insurer – and how he plans to improve the prospects of its asset...
Apr 17 2015 // The bosses of 43 companies including Ikea, Dow Chemical Co. and HSBC Holdings plc called for swift action on climate change, a sign businesses are prepared for a United Nations deal this year on limiting fossil fuel...
Apr 1 2015 // Allianz Global Corporate & Specialty (AGCS) said it has completed the sale of the U.S. personal lines business of Fireman’s Fund Insurance Co. (FFIC) to ACE Ltd.The sale, which closed on schedule as previously...
Mar 31 2015 // Germany’s Allianz has estimated insurers will pay $300 million in claims and costs stemming from the crash of a Germanwings plane in the French Alps last week, insurance industry sources said on Monday.The figure...
Mar 26 2015 // Shipping losses declined to 75 during 2014, a 32 percent drop from the previous year and well below the 10-year loss average of 127, according to Allianz Global Corporate & Specialty SE’s (AGCS) third annual...
Mar 25 2015 // German insurer Allianz confirmed it was the lead insurance underwriter for the Airbus A320 plane which crashed in the French Alps on Tuesday.All 150 people on board the plane, operated by Lufthansa’s Germanwings...
Feb 26 2015 // Allianz SE reported an unexpected decline in fourth-quarter profit as the exit of Bill Gross at Pacific Investment Management Co. (PIMCO) spurred clients to withdraw assets. The shares fell the most in five months.Net...
Feb 18 2015 // Mohamed El-Erian, chief economic adviser at Allianz SE, said Tuesday that Ukraine and Greece are major market risks, but that the biggest risk is the “illusion of liquidity.”“The biggest risk is this...
Jan 21 2015 // Rates charged by reinsurers, which have been falling for most of the past decade, may decline more slowly this year, the head of Allianz SE’s reinsurance division said.“Our assessments show that rates in some...
Jan 15 2015 // Business interruption (BI) and supply chain, natural catastrophes and fire/explosion are the major risks that occupy the attention of companies at the start of 2015, according to the fourth annual “Allianz Risk...
Jan 13 2015 // Allianz SE hired Zurich Insurance Group AG’s Paul Schiavone to oversee financial products in the U.S. and Canada as Europe’s largest insurer builds its commercial business in North America.Schiavone, 46, was...
Jan 12 2015 // Maryland’s Republican Gov.-elect Larry Hogan has named Al Redmer, Jr. to be the state’s insurance commissioner.Maryland’s current insurance commissioner, Therese M. Goldsmith, previously announced that...
Jan 12 2015 // Raymond Farmer is staying on to lead South Carolina’s Department of Insurance. Farmer said he was asked by Gov. Nikki Haley to stay on in the position he’s held since 2012.Farmer took over nearly a year after...
Jan 12 2015 // On Dec. 18, Allianz Group announced that it would sell the U.S. personal lines business of its Fireman’s Fund unit to ACE for $365 million by means of renewal rights arrangement.The merger of the personal lines...
Dec 29 2014 // German insurer Allianz said on Monday it was the lead re-insurer to the AirAsia jet missing off the Indonesian coast with 162 people on board, making it the third major airline accident it has been involved in this...
Dec 23 2014 // ACE Group said it will keep most of the employees with Fireman’s Fund’s personal lines business once its $365 million acquisition of the division from Allianz goes through.“We value Fireman’s Fund...
Dec 19 2014 // The sale of a Fireman’s Fund unit from Allianz SE to Ace Ltd. stands to further diminish an iconic U.S. insurance brand that dates to the 1800s.The buyer said Thursday that it will integrate the operation, which...