All the headlines from our Allianz Topic Page, ordered by recency.
Dec 8 2008 // Standard & Poor’s Ratings Services affirmed its ‘A-‘ global financial strength rating and its ‘mxAAA’ national scale rating on Mexico-based Allianz Mexico Compañía de Seguros S.A....
Nov 11 2008 // Standard & Poor’s Ratings Services has affirmed its ‘AA’ long-term counterparty credit and insurer financial strength ratings on Germany’s Allianz SE (AZSE) and various core operating...
Nov 10 2008 // Allianz’s Dresdner Bank unit posted its biggest quarterly loss since the start of the financial crisis, the insurer said on Monday, pushing the group to a €2 billion ($2.58 billion) net loss.Allianz is selling...
Nov 2 2008 // The Hartford, Allianz SEThe Hartford Financial Services Group Inc. finalized a $2.5 billion capital investment by Allianz SE. Under the agreement, Allianz purchased, at $31 per share, $750 million of preferred shares...
Oct 20 2008 // The Hartford Financial Services Group, Inc. has finalized a $2.5 billion capital investment by Allianz SE.Under the agreement, Allianz has purchased, at $31 per share, $750 million of preferred shares convertible to common...
Oct 6 2008 // The Hartford Financial Services Group, Inc. announced that it will receive a $2.5 billion capital investment from Allianz SE.The agreement came after a tough week on Wall Street for The Hartford. It lost nearly $9 billion...
Oct 6 2008 // Rating analysts are taking a second look at The Hartford Financial Services Group in light of its recent hit on Wall Street, third quarter investment losses and infusion of outside capital.Analysts at A.M. Best Co. have...
Oct 3 2008 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Flagstone Reassurance Suisse SA, as well as the ICR of “bbb-”...
Sep 18 2008 // Standard & Poor’s Ratings Services has lowered its long-term counterparty credit rating and insurer financial strength rating on AIG General Insurance (Taiwan) Co. Ltd. (AIG Taiwan), to ‘A’ from...
Sep 16 2008 // The New York Giants and Jets have canceled negotiations on stadium naming rights with a German insurance company that once had ties to the Nazis.Allianz had been seeking a deal to put its name on the stadium being built by...
Sep 15 2008 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and the issuer credit rating (ICR) to “aa” from “a+” of Allianz Global...
Sep 3 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa” of Allianz S.p.A. (Italy) with stable outlooks.Best said its ratings “reflect the...
Sep 2 2008 // After weeks of speculation, Germany’s Allianz SE has announced the sale of its Dresdner Bank unit, the country’s third largest, to Commerzbank for €9.8 billion ($14.2289 billion). Allianz also said it has...
Sep 2 2008 // Standard & Poor’s Ratings Services has affirmed its ‘AA’ long-term counterparty credit and insurer financial strength ratings on Germany’s Allianz SE (AZSE) and related core entities, along...
Sep 1 2008 // Aon, BenfieldChicago-based Aon Corp. is acquiring UK-based broker Benfield Group Limited for about $1.75 billion. The price includes $6.55 (£3.50) per share in cash and assumption of $170 million (£91 million) of...
Sep 1 2008 // Aon, BenfieldChicago-based Aon Corp. is acquiring UK-based broker Benfield Group Limited for about $1.75 billion. The price includes $6.55 (£3.50) per share in cash and the assumption of $170 million (£91 million...
Aug 29 2008 // Allianz SE is set to sell control of Dresdner Bank to Commerzbank AG, a source with direct knowledge of the matter said on Friday. The deal would fuse Germany’s second and third largest banks.Taking over Dresdner,...
Aug 21 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa” of UK-based Allianz Insurance plc (AZI) with a stable outlook. Best stated:...
Aug 12 2008 // Allianz Global Corporate & Specialty (AGCS), the industrial insurance arm of the Allianz Group, and Fireman’s Fund Insurance Co, an Allianz general insurance unit in the United States, are combining their marine...
Aug 7 2008 // The global credit crisis tore a hole in the profits of some of Europe’s top insurers on Thursday, with AXA and Aegon both posting lower earnings.Share reactions were mixed across Europe. The DJ Stoxx European Banking...