Latest Allianz Headlines

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

Cyber and Business Interruption Top 2023 Threats: Allianz Risk Barometer

Jan 18 2023 // Cyber incidents and business interruption rank as the biggest company concerns for the second year in a row, according to Allianz’s Risk Barometer 2023.At the same time, macroeconomic developments such as inflation,...

D&O Buyers See More Capacity, Competitive Conditions, but Risk Factors Loom: Allianz

Dec 15 2022 // Public and private D&O buyers are seeing more competitive conditions, fueled by a reduced number of U.S. securities class actions, a slowdown in M&A activity, as well as an influx of new market entrants. However,...

Allianz CEO Baete Sees ‘Huge Opportunity’ From Asset Management in China

Nov 17 2022 // Allianz SE sees a “huge opportunity” from asset management in China because the nation needs to diversify overseas investments, its chief executive officer said.Chinese investors need to diversify, which...

Allianz to Halt Paid Twitter Ads, for Now

Nov 8 2022 // German insurer and asset manager Allianz will halt its paid advertising on Twitter for now, a spokesperson said on Monday, the latest in a wave of similar moves by companies in the wake of Elon Musk’s takeover of the...

Allianz Global Investors Aims to Raise $1B for Fund Focusing on Climate Resilience

Nov 3 2022 // Allianz Global Investors on Wednesday said it is looking to raise $1 billion for its third blended finance debt fund, a mix of concessional and institutional capital seen as a crucial route to scaling up private investment...

People Moves: SCOR Taps AXA XL’s Guest as Head of Crisis Mgmt; Former Beazley Exec Beattie Joins CFC as Head of Innovation; Allianz Trade Appoints New CEO

Oct 21 2022 // This edition of International People Moves details appointments at SCOR UK, CFC Underwriting, and Allianz Trade.A summary of these new hires follows here. SCOR Taps AXA XL’s Guest as Head of Crisis ManagementSCOR...

Allianz’s Digital Investments Arm Acquires German Insurtech simplesurance

Sep 30 2022 // Allianz X, the digital investments arm of Allianz Group, will acquire 100% of the shares in Berlin-based simplesurance. Allianz X has been a strategic investor in the Berlin-based insurtech company since 2016 and most...

Fire a Growing Risk to Shipping Because of Lithium-ion Batteries, Allianz Says

Sep 6 2022 // Fire has always been a peril for shipping, but the advent of lithium-ion batteries has elevated the risk to the point that it now is the most expensive cause of loss for the industry, according to a new bulletin issued by...

Allianz in Talks With Chinese Banks to Launch Asset Management Venture: Sources

Aug 23 2022 // Allianz SE is in talks with Chinese banks to set up a majority-owned asset management venture in the world’s second-largest economy, two people with direct knowledge of the matter said, aiming to tap a $4.3 trillion...

Allianz Weighs Sale of Stake in Saudi Arabia Unit

Aug 9 2022 // Allianz SE is considering a sale of its Saudi Arabian unit, people familiar with the matter said, a move that would help the German insurer streamline its portfolio and raise cash.The German insurer is working with an...

In Global Claims Report, Allianz Notes Rising Business Interruption Costs

Aug 1 2022 // The number of contingent business interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much of the state’s power grid and a fire at a semi-conductor plant in Japan contributed to a global...

Allianz Notes Rising Business Interruption Costs in Global Claims Report

Jul 22 2022 // The number of contingent business-interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much of the state’s power grid and a fire at a semi-conductor plant in Japan contributed to a global...

Allianz Aims to Grow Global Program Business with New Multinational Team

Jul 14 2022 // Global insurer Allianz is moving to substantially expand its business from customers in the global insurance program sector and serve the increasing demand from large and medium-size companies needing cross-border...

Markets/Coverages: Physicians Mutual Unleashes Pet Insurance; Allianz Expands Cyber Capacity for Coalition

Jul 5 2022 // Physicians Mutual Launches Pet InsurancePhysicians Mutual has launched pet insurance for dogs and cats. Physicians Mutual Pet is the company’s first entry into the property/casualty market. Physicians Mutual Pet is...

People Moves: WTW Asia Hires Aon’s Tilney, Promotes Nassaouati; DUAL Europe Names Allianz’s Wijchman as Commercial Dir.; Liberty GTS Promotes Lee as APAC Mgr.

Jun 15 2022 // This edition of International People Moves details appointments at Willis Towers Watson (WTW), MGA Dual, and Liberty Global Transaction Solutions.A summary of these new hires follows here. WTW Asia Hires Aon’s...

Investors, Including Allianz and Swiss Re, Urge U.N. to Create Plan for Farm Emissions

Jun 9 2022 // Investors managing $14 trillion have urged the United Nations to create a global plan to make the agriculture sector sustainable and curb one of the biggest sources of climate-damaging emissions, a letter seen by Reuters...

Allianz to Retain 49.9% Stake in Russian Operations After Sale to Interholding

Jun 3 2022 // The insurer Allianz said on Friday it would sell a majority stake in its Russian operations to the owner of a Russian insurer as it sought to pare its footprint in the country after the invasion of Ukraine.Allianz, which...

British Insurance Brokers’ Assn., Allianz Create Digital Guide to Combat Underinsurance

May 23 2022 // The British Insurance Brokers’ Association (BIBA) and Allianz have developed a digital guide to support brokers in helping their customers avoid the risks of being underinsured.Underinsurance occurs when you have...

Allianz Buys Majority Stake in Jubilee General Insurance Co. of Tanzania

May 19 2022 // Allianz has acquired a 51% stake in Jubilee General Insurance Co. of Tanzania Ltd. from Jubilee Holdings Ltd. (JHL) and the Aga Khan Fund for Economic Development (AKFED).JHL will retain a 15% stake and six minority...

Timeline of Key Events in Collapse of Allianz’s Structured Alpha Funds

May 19 2022 // Germany’s Allianz has agreed to pay about $6 billion and its U.S. asset management unit will plead guilty to fraud after a group of its multibillion investment funds collapsed amid market turmoil triggered by the...