Latest Allianz Headlines

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

Allianz and Dutch Development Bank Back $1.1 Billion Sustainable Loans Fund

Nov 28 2023 // Allianz Global Investors and Dutch development bank FMO have agreed one of the largest “blended finance” funds on record, raising $1.1 billion to invest in loans that help emerging and frontier countries meet...

Ransomware, Extortion Claims See ‘Worrying Resurgence,’ Says Allianz

Nov 8 2023 // Following two years of high but stable loss activity, 2023 has seen a “worrying resurgence” in ransomware and extortion claims as the cyber threat landscape continues to evolve, Allianz Commercial writes in a...

Allstate, Allianz X Invest $265M in NEXT Insurance and Partner to Expand Reach

Nov 2 2023 // NEXT Insurance said Allstate and Allianz X have invested $265 million in the digital small business insurer.NEXT and Allstate will partner on bringing new commercial products to what they call an underserved target market...

People Moves: Allianz Commercial Taps AIG’s Valencia to Lead Portfolio Solutions; Sompo Int’l Taps Allianz’s El Oulhani for Distribution & Client Mgmt. in France

Oct 20 2023 // This edition of International People Moves details appointments at Allianz Commercial and Sompo International.A summary of these new hires follows here. Allianz Commercial Taps AIG’s Valencia to Lead Portfolio...

Generali to Sell TUA Assicurazioni to Allianz in $295M Deal

Oct 13 2023 // Generali said on Thursday that it has reached an agreement with German insurance heavyweight Allianz for the sale of TUA Assicurazioni for 280 million euros ($295 million) in cash.Mediobanca, Banca di Credito Finanziario...

People Moves: BHSI Taps Allianz’s Fuertes as Head of Energy and Construction in Spain; Allianz Commercial Hires AIG’s Vagenende to Lead New Benelux & Nordic Region

Oct 12 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and Allianz Commercial.A summary of these new hires follows here. BHSI Taps Allianz’s Fuertes as Head...

People Moves: DUAL Launches Marine Hub in Rotterdam, Hiring 2 Former MS Amlin Underwriters; Generali Taps Allianz’s Terzariol to Lead Newly Created Insurance Division

Oct 4 2023 // This edition of International People Moves details appointments at DUAL Europe and Generali.A summary of these new hires follows here. DUAL Launches Marine Hub in Rotterdam, Hiring 2 Former MS Amlin UnderwritersDUAL Europe...

Allianz’s CFO to Take Top Job at Generali: Italian Media

Sep 29 2023 // Allianz’s Chief Financial Officer Giulio Terzariol is set to leave his post at the German group to take a top job at Italy’s biggest insurer Assicurazioni Generali, two Italian newspapers reported on...

People Moves: Sompo Int’l Taps Chubb’s Gossé for Cyber Ins., Continental Europe; Allianz Commercial Names Vogler Chief Regions & Mkts Officer, Succeeding Haagen

Sep 27 2023 // This edition of International People Moves details appointments at Sompo International and Allianz Commercial.A summary of these new hires follows here. Sompo Int’l Taps Chubb’s Gossé for Cyber Insurance,...

Allianz Unveils €20 Billion Spending Target in Net-Zero Transition Plan

Sep 8 2023 // Allianz SE is planning to invest €20 billion ($21.4 billion) in renewable energy and low-carbon technology by 2030, as it unveils its first ever net zero transition plan.The German insurance and asset management giant...

People Moves: DUAL Appoints McGinn From Allianz as UK CEO; Howden Germany Taps Aon’s Breeck to Lead New Large Corporate Clients Unit

Sep 5 2023 // This edition of International People Moves details appointments at the Howden MGA DUAL and at the broker Howden Germany.A summary of these new hires follows here. DUAL Appoints McGinn From Allianz as UK CEODUAL, the...

China Allows Allianz to Launch Onshore Fund Management Company

Aug 24 2023 // China’s securities regulator on Thursday granted approval to Allianz Global Investors (Allianz GI) to set up an onshore fund management company as Beijing vowed to step up efforts to attract foreign companies amid...

People Moves: Dyer Appointed Chief Risk Officer for Aspen UK; Sompo Int’l Taps Walker From Allianz for Distribution Insurance, APAC; BMS Names Hewitt as Head of Japan

Aug 24 2023 // This edition of International People Moves detail appointments at Aspen Insurance Holdings, Sompo International, and BMS Group.A summary of these new hires follows here. Dyer Appointed Chief Risk Officer for Aspen UKAspen...

People Moves: Allianz Commercial Promotes Warren-Upham to Lead London Mkt Distribution; Chubb Appoints Kopp to Lead Far East Region, Mo for Korea

Aug 21 2023 // This edition of International People Moves details appointments at Allianz Commercial and Chubb.A summary of the new hires follows here. Allianz Commercial Promotes Warren-Upham to Lead London Mkt DistributionAllianz...

Allianz Aims to Raise $1.6 Billion for Global Private Credit Fund

Aug 18 2023 // Allianz Global Investors, the insurance company’s money management division, is pushing ahead with plans to raise at least 1.5 billion euros ($1.63 billion) for a new global private credit fund, a spokesperson said,...

Allianz Q2 Profit Jumps 7.1% on Higher Results from US Life & Health Insurance

Aug 10 2023 // Allianz SE, the German owner of bond giant Pacific Investment Management Co., said its second-quarter profit jumped from a year earlier as stronger earnings from its insurance business offset weaknesses in its asset...

Allianz Ex-Manager Must Face US Fraud Charges On $7B Investor Loss

Aug 7 2023 // A U.S. judge has rejected former Allianz fund manager Gregoire Tournant’s bid to dismiss a criminal fraud case over his role in causing more than $7 billion of investor losses.In an order made public on Friday, U.S....

AGCS and Local Allianz P/C Entities Now Trading as ‘Allianz Commercial’

Jul 24 2023 // Allianz Global Corporate & Specialty (AGCS) together with the commercial insurance businesses of local Allianz Property & Casualty (P&C) entities have begun to trade as “Allianz Commercial” in one...

Allianz US Unit Ordered to Pay $6 Billion in Securities Fraud Case

Jul 13 2023 // A New York judge ordered a unit of Allianz SE to pay about $6 billion as punishment for misrepresenting the investment risk posed by a group of hedge funds that collapsed amid market fluctuations caused by the Covid-19...

People Moves: Allianz Commercial Taps AIG’s Sandric as Leader Asia Region; Banyan Risk Appoints Munro as CUO; Miller Strengthens Entertainment Team With Senior Hire

Jul 11 2023 // This edition of International People Moves details appointments at Allianz Commercial, Banyan Risk and Miller.A summary of these new hires follows here. Allianz Commercial Taps AIG’s Sandric as Leader Asia...