All the headlines from our Allianz Topic Page, ordered by recency.
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...
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,...
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...
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....
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...
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...
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...
Jul 10 2023 // UniCredit said on Friday it was ending a non-life insurance venture with UnipolSAI as it strengthened its relationship with Germany’s Allianz, a top shareholder and insurance partner.UniCredit said it would buy the...
Jun 2 2023 // The maritime sector experienced fewer total losses of vessels in 2022 while the number of shipping incidents remained relatively consistent, according to a recent report.Allianz Global Corporate & Specialty (AGCS)...
May 26 2023 // Pacific Investment Management Co. is considering joining hundreds of investors in challenging the Swiss regulator’s decision to wipe out about $17 billion of Credit Suisse Group AG bonds following the bank’s...
May 25 2023 // This edition of International People Moves details appointments at Cowbell Cyber and Allianz Commercial.A summary of these new hires follows here. Cowbell Names CNA’s Bilbao as UK Director of UnderwritingCowbell, the...
May 23 2023 // Lockton Appoints Caruso Financial Institutions Practice Leader in the NortheastLockton, based in Kansas City, Missouri, has appointed Joe Caruso as its financial institutions practice leader in the Northeast. Caruso is...
Apr 6 2023 // German insurance company Allianz said on Wednesday it does not intend to renew a policy for the Nord Stream 1 project when it expires in late 2023.Allianz said it was part of an insurance consortium that provided coverage...
Mar 28 2023 // Aqueous Underwriting has secured major new capacity following the signing of an initial three-year deal with insurer Allianz Insurance.The move is part of the MGA’s plans to significantly grow its presence in the...
Mar 10 2023 // Allianz Group announced it is restructuring its global commercial insurance segment as one go-to-market business under the trading name Allianz Commercial, which will encompass its Allianz Global Corporate & Specialty...
Feb 17 2023 // Germany’s Allianz on Friday swung to a fourth-quarter net profit, rebounding after taking big charges a year earlier for a U.S. funds scandal and as a higher investment margin boosted its life and health insurance...
Feb 14 2023 // For years, Allianz, one of the world’s biggest investors, piled billions into property, wind farms and even London’s sewage system, but now it is moving to shun such “alternative” investments for...
Feb 6 2023 // Cyber incidents and business interruption rank as the biggest company concerns for the second year in a row.That’s according to Allianz’s Risk Barometer 2023, which found that at the same time macroeconomic...
Feb 3 2023 // DUAL Hires Chief Risk Officer and Actuarial LeadDUAL North America, Inc., based in Naples, Florida, has hired Ranjit Jaswal as chief risk officer and Luke Wolmer as senior vice president of actuarial and data analytics....
Feb 1 2023 // The former Allianz SE hedge fund manager charged with fraud over billions of dollars in investor losses asked a judge to throw out the case, claiming lawyers wrongly betrayed him to protect the company.Gregoire Tournant...