All the headlines from our Allianz Topic Page, ordered by recency.
Aug 10 2005 // Germany’s Allianz announced impressive results for the second quarter of 2005 with gross revenues up 6.6 percent from 22.2 billion euros ($27.4 billion) to 23.7 billion euros ($29.3 billion). Operating profits...
Aug 9 2005 // Andrew Torrance, CEO of Allianz Cornhill in the U.K., has explained why companies cannot afford to ignore the effects of climate change. As reported on the Allianz Group Website – www.allianz.com – Torrance...
Jul 18 2005 // To paraphrase an old adage: “Nothing concentrates the overall mind of the property/casualty insurance community as much as the approaching certainty of large loss events.” So, it’s no wonder that many...
Jun 29 2005 // Joachim Faber, a member of the Board of Management for Germany’s Allianz Group and CEO of its asset management arm, told interviewers on the company’s Website: “We expect climate change to influence the...
Jun 22 2005 // A.M. Best Co. announced that it has affirmed the financial strength ratings of “A+” (Superior) and has assigned issuer credit ratings (ICR) of “aa-” to the ING Canada Group.Best also said it had...
May 27 2005 // Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on the Core operating subsidiaries of the French credit insurance group...
May 9 2005 // Germany’s Allianz announced that the “positive earnings trend” it experienced in 2004 has continued into the first quarter of 2005.According to preliminary figures net income for the period exceeded 1.1...
Apr 26 2005 // Allianz Global Risks, the industrial business unit of Germany’s Allianz, announced its intention to raise the division’s “activity and profile in Liability insurance.” In an on-line interview on the...
Apr 22 2005 // The U.K.’s Chartered Insurance Institute (CII) and Allianz Cornhill, the U.K. subsidiary of Germany’s Allianz, announced the success of a program they’ve been sponsoring to reverse the perceived decline...
Apr 6 2005 // Mario Greco announced his resignation as Chairman of the Board of Management of Italian insurer Riunione Adriatica di Sicurtà S.p.A. (RAS). The company’s majority shareholder is Germany’s Allianz AG, which...
Mar 18 2005 // Standard & Poor’s Ratings Services noted that “the improved 2004 results published by Allianz AG (See previous article),” (rated “AA-” Negative outlook – “/A-1+) were in line...
Mar 18 2005 // Germany’s Allianz reported net 2004 profits of 2.2 billion euros ($2.93 billion), despite last year’s spate of natural catastrophes and continued problems at its Dresdner Bank subsidiary. The group’s net...
Mar 14 2005 // The Web site of Germany’s Allianz (http://www.allianz.com/) features an interview with two of the company’s climate experts, Matthias Klawa of Allianz Reinsurance and Olav Bogenrieder of Allianz Versicherung,...
Feb 14 2005 // A.M. Best Co. announced that it has affirmed the financial strength ratings of “A” (Excellent) of the Swiss affiliates of Germany’s Allianz – Allianz Suisse Versicherungs (ASV) and Allianz Suisse...
Jan 27 2005 // Allianz AG said it was taking “advantage of attractive capital market conditions to launch an innovative financing transaction. The German giant plans an “All-in-one” package, with the launch of three...
Jan 7 2005 // Allianz Global Risks Canada, formerly a division of Allianz Insurance Company of Canada, announced that it has received provincial regulatory approvals to operate as a licensed branch of Allianz Global Risks US Insurance...
Jan 6 2005 // Germany’s Allianz announced that it has been providing “on the ground” support to customers in Phuket, Thailand, the popular tourist island which was hit by the tsunamis that devastated Southeast...
Dec 16 2004 // Allianz Cornhill, the U.K. operating division of Germany’s Allianz, has sold its U.K. direct life operations to the Britannic Group for £110 million ($212 million). The sale of the unit, which is closed to new...
Dec 16 2004 // At a recent meeting the supervisory board of Allianz AG announced that it has accepted the decision of Detlev Bremkamp (60) to retire by the end of 2005. It also announced the appointment of Mario Greco (45) to the Allianz...
Dec 10 2004 // ING Canada and Allianz Group have closed their previously announced definitive share purchase agreement for the acquisition by ING Canada of Allianz’ Canadian P/C operations.“Under the terms of the agreement,...